id	sid	tid	token	lemma	pos
ajfa-716	1	1	microsoft	microsoft	PROPN
ajfa-716	1	2	word	word	PROPN
ajfa-716	1	3	comparative	comparative	ADJ
ajfa-716	1	4	performance	performance	NOUN
ajfa-716	1	5	-	-	PUNCT
ajfa-716	1	6	new	new	ADJ
ajfa-716	1	7	asian	asian	ADJ
ajfa-716	1	8	journal	journal	NOUN
ajfa-716	1	9	of	of	ADP
ajfa-716	1	10	finance	finance	PROPN
ajfa-716	1	11	&	&	CCONJ
ajfa-716	1	12	accounting	accounting	PROPN
ajfa-716	1	13	issn	issn	PROPN
ajfa-716	1	14	1946	1946	NUM
ajfa-716	1	15	-	-	PUNCT
ajfa-716	1	16	052x	052x	NOUN
ajfa-716	1	17	2011	2011	NUM
ajfa-716	1	18	,	,	PUNCT
ajfa-716	1	19	vol	vol	NOUN
ajfa-716	1	20	.	.	PROPN
ajfa-716	1	21	3	3	NUM
ajfa-716	1	22	,	,	PUNCT
ajfa-716	1	23	no	no	INTJ
ajfa-716	1	24	.	.	NOUN
ajfa-716	1	25	1	1	NUM
ajfa-716	1	26	:	:	PUNCT
ajfa-716	1	27	e7	e7	PROPN
ajfa-716	1	28	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	1	29	103	103	NUM
ajfa-716	1	30	comparative	comparative	ADJ
ajfa-716	1	31	economic	economic	ADJ
ajfa-716	1	32	performance	performance	NOUN
ajfa-716	1	33	and	and	CCONJ
ajfa-716	1	34	stock	stock	NOUN
ajfa-716	1	35	market	market	NOUN
ajfa-716	1	36	performance	performance	NOUN
ajfa-716	1	37	:	:	PUNCT
ajfa-716	1	38	some	some	DET
ajfa-716	1	39	evidence	evidence	NOUN
ajfa-716	1	40	from	from	ADP
ajfa-716	1	41	the	the	DET
ajfa-716	1	42	asia	asia	PROPN
ajfa-716	1	43	-	-	PUNCT
ajfa-716	1	44	pacific	pacific	PROPN
ajfa-716	1	45	region	region	NOUN
ajfa-716	1	46	sayeeda	sayeeda	PROPN
ajfa-716	1	47	bano	bano	PROPN
ajfa-716	1	48	the	the	DET
ajfa-716	1	49	university	university	PROPN
ajfa-716	1	50	of	of	ADP
ajfa-716	1	51	waikato	waikato	PROPN
ajfa-716	1	52	,	,	PUNCT
ajfa-716	1	53	hamilton	hamilton	PROPN
ajfa-716	1	54	,	,	PUNCT
ajfa-716	1	55	new	new	PROPN
ajfa-716	1	56	zealand	zealand	PROPN
ajfa-716	1	57	e	e	PROPN
ajfa-716	1	58	-	-	NOUN
ajfa-716	1	59	mail	mail	NOUN
ajfa-716	1	60	:	:	PUNCT
ajfa-716	1	61	sbano@waikato.ac.nz	sbano@waikato.ac.nz	NOUN
ajfa-716	1	62	sriya	sriya	PROPN
ajfa-716	1	63	kumarasinghe	kumarasinghe	NOUN
ajfa-716	1	64	(	(	PUNCT
ajfa-716	1	65	corresponding	corresponding	ADJ
ajfa-716	1	66	author	author	NOUN
ajfa-716	1	67	)	)	PUNCT
ajfa-716	1	68	department	department	NOUN
ajfa-716	1	69	of	of	ADP
ajfa-716	1	70	accountancy	accountancy	NOUN
ajfa-716	1	71	and	and	CCONJ
ajfa-716	1	72	finance	finance	NOUN
ajfa-716	1	73	,	,	PUNCT
ajfa-716	1	74	school	school	NOUN
ajfa-716	1	75	of	of	ADP
ajfa-716	1	76	business	business	NOUN
ajfa-716	1	77	,	,	PUNCT
ajfa-716	1	78	university	university	PROPN
ajfa-716	1	79	of	of	ADP
ajfa-716	1	80	otago	otago	PROPN
ajfa-716	1	81	p.o	p.o	PROPN
ajfa-716	1	82	.	.	PROPN
ajfa-716	1	83	box	box	PROPN
ajfa-716	1	84	:	:	PUNCT
ajfa-716	1	85	56	56	NUM
ajfa-716	1	86	,	,	PUNCT
ajfa-716	1	87	dunedin	dunedin	NOUN
ajfa-716	1	88	9054	9054	NUM
ajfa-716	1	89	,	,	PUNCT
ajfa-716	1	90	new	new	PROPN
ajfa-716	1	91	zealand	zealand	PROPN
ajfa-716	1	92	e	e	PROPN
ajfa-716	1	93	-	-	NOUN
ajfa-716	1	94	mail	mail	NOUN
ajfa-716	1	95	:	:	PUNCT
ajfa-716	1	96	sriya.kumarasinghe@otago.ac.nz	sriya.kumarasinghe@otago.ac.nz	NUM
ajfa-716	1	97	yih	yih	NOUN
ajfa-716	1	98	pin	pin	NOUN
ajfa-716	1	99	tang	tang	PROPN
ajfa-716	1	100	the	the	DET
ajfa-716	1	101	university	university	NOUN
ajfa-716	1	102	of	of	ADP
ajfa-716	1	103	the	the	DET
ajfa-716	1	104	south	south	PROPN
ajfa-716	1	105	pacific	pacific	PROPN
ajfa-716	1	106	,	,	PUNCT
ajfa-716	1	107	suva	suva	PROPN
ajfa-716	1	108	,	,	PUNCT
ajfa-716	1	109	fiji	fiji	PROPN
ajfa-716	1	110	e	e	NOUN
ajfa-716	1	111	-	-	NOUN
ajfa-716	1	112	mail	mail	NOUN
ajfa-716	1	113	:	:	PUNCT
ajfa-716	1	114	tang_y@usp.ac.fj	tang_y@usp.ac.fj	NOUN
ajfa-716	1	115	received	receive	VERB
ajfa-716	1	116	:	:	PUNCT
ajfa-716	1	117	june	june	PROPN
ajfa-716	1	118	15	15	NUM
ajfa-716	1	119	,	,	PUNCT
ajfa-716	1	120	2011	2011	NUM
ajfa-716	1	121	accepted	accept	VERB
ajfa-716	1	122	:	:	PUNCT
ajfa-716	1	123	november	november	PROPN
ajfa-716	1	124	24	24	NUM
ajfa-716	1	125	,	,	PUNCT
ajfa-716	1	126	2011	2011	NUM
ajfa-716	1	127	published	publish	VERB
ajfa-716	1	128	:	:	PUNCT
ajfa-716	1	129	december	december	PROPN
ajfa-716	1	130	1	1	NUM
ajfa-716	1	131	,	,	PUNCT
ajfa-716	1	132	2011	2011	NUM
ajfa-716	1	133	doi:10.5296	doi:10.5296	NOUN
ajfa-716	1	134	/	/	SYM
ajfa-716	1	135	ajfa.v3i1.716	ajfa.v3i1.716	PROPN
ajfa-716	1	136	url	url	NOUN
ajfa-716	1	137	:	:	PUNCT
ajfa-716	1	138	http://dx.doi.org/10.5296/ajfa.v3i1.716	http://dx.doi.org/10.5296/ajfa.v3i1.716	VERB
ajfa-716	1	139	an	an	DET
ajfa-716	1	140	early	early	ADJ
ajfa-716	1	141	version	version	NOUN
ajfa-716	1	142	of	of	ADP
ajfa-716	1	143	this	this	DET
ajfa-716	1	144	paper	paper	NOUN
ajfa-716	1	145	was	be	AUX
ajfa-716	1	146	presented	present	VERB
ajfa-716	1	147	at	at	ADP
ajfa-716	1	148	the	the	DET
ajfa-716	1	149	27th	27th	ADJ
ajfa-716	1	150	annual	annual	ADJ
ajfa-716	1	151	conference	conference	NOUN
ajfa-716	1	152	of	of	ADP
ajfa-716	1	153	euro	euro	PROPN
ajfa-716	1	154	-	-	PUNCT
ajfa-716	1	155	asia	asia	PROPN
ajfa-716	1	156	management	management	PROPN
ajfa-716	1	157	studies	studies	PROPN
ajfa-716	1	158	association	association	PROPN
ajfa-716	1	159	(	(	PUNCT
ajfa-716	1	160	eamsa	eamsa	NOUN
ajfa-716	1	161	)	)	PUNCT
ajfa-716	1	162	held	hold	VERB
ajfa-716	1	163	in	in	ADP
ajfa-716	1	164	delhi	delhi	PROPN
ajfa-716	1	165	,	,	PUNCT
ajfa-716	1	166	india	india	PROPN
ajfa-716	1	167	,	,	PUNCT
ajfa-716	1	168	in	in	ADP
ajfa-716	1	169	november	november	PROPN
ajfa-716	1	170	2010	2010	NUM
ajfa-716	1	171	.	.	PUNCT
ajfa-716	2	1	the	the	DET
ajfa-716	2	2	authors	author	NOUN
ajfa-716	2	3	wish	wish	VERB
ajfa-716	2	4	to	to	PART
ajfa-716	2	5	thank	thank	VERB
ajfa-716	2	6	the	the	DET
ajfa-716	2	7	two	two	NUM
ajfa-716	2	8	anonymous	anonymous	ADJ
ajfa-716	2	9	reviewers	reviewer	NOUN
ajfa-716	2	10	and	and	CCONJ
ajfa-716	2	11	the	the	DET
ajfa-716	2	12	conference	conference	NOUN
ajfa-716	2	13	participants	participant	NOUN
ajfa-716	2	14	for	for	ADP
ajfa-716	2	15	their	their	PRON
ajfa-716	2	16	valuable	valuable	ADJ
ajfa-716	2	17	comments	comment	NOUN
ajfa-716	2	18	.	.	PUNCT
ajfa-716	3	1	they	they	PRON
ajfa-716	3	2	also	also	ADV
ajfa-716	3	3	wish	wish	VERB
ajfa-716	3	4	to	to	PART
ajfa-716	3	5	thank	thank	VERB
ajfa-716	3	6	the	the	DET
ajfa-716	3	7	university	university	PROPN
ajfa-716	3	8	of	of	ADP
ajfa-716	3	9	otago	otago	PROPN
ajfa-716	3	10	and	and	CCONJ
ajfa-716	3	11	the	the	DET
ajfa-716	3	12	department	department	NOUN
ajfa-716	3	13	of	of	ADP
ajfa-716	3	14	accountancy	accountancy	NOUN
ajfa-716	3	15	and	and	CCONJ
ajfa-716	3	16	finance	finance	NOUN
ajfa-716	3	17	for	for	ADP
ajfa-716	3	18	the	the	DET
ajfa-716	3	19	bloomberg	bloomberg	PROPN
ajfa-716	3	20	facility	facility	NOUN
ajfa-716	3	21	.	.	PUNCT
ajfa-716	4	1	special	special	ADJ
ajfa-716	4	2	thanks	thank	NOUN
ajfa-716	4	3	go	go	VERB
ajfa-716	4	4	to	to	ADP
ajfa-716	4	5	mr	mr	PROPN
ajfa-716	4	6	.	.	PROPN
ajfa-716	4	7	warren	warren	PROPN
ajfa-716	4	8	bailey	bailey	PROPN
ajfa-716	4	9	,	,	PUNCT
ajfa-716	4	10	dr	dr	PROPN
ajfa-716	4	11	.	.	PROPN
ajfa-716	4	12	shawn	shawn	PROPN
ajfa-716	4	13	strother	strother	PROPN
ajfa-716	4	14	,	,	PUNCT
ajfa-716	4	15	and	and	CCONJ
ajfa-716	4	16	professor	professor	NOUN
ajfa-716	4	17	timothy	timothy	PROPN
ajfa-716	4	18	crack	crack	VERB
ajfa-716	4	19	for	for	ADP
ajfa-716	4	20	all	all	DET
ajfa-716	4	21	their	their	PRON
ajfa-716	4	22	help	help	NOUN
ajfa-716	4	23	and	and	CCONJ
ajfa-716	4	24	constructive	constructive	ADJ
ajfa-716	4	25	suggestions	suggestion	NOUN
ajfa-716	4	26	.	.	PUNCT
ajfa-716	5	1	we	we	PRON
ajfa-716	5	2	also	also	ADV
ajfa-716	5	3	extend	extend	VERB
ajfa-716	5	4	our	our	PRON
ajfa-716	5	5	thanks	thank	NOUN
ajfa-716	5	6	to	to	ADP
ajfa-716	5	7	the	the	DET
ajfa-716	5	8	university	university	NOUN
ajfa-716	5	9	of	of	ADP
ajfa-716	5	10	waikato	waikato	NOUN
ajfa-716	5	11	for	for	ADP
ajfa-716	5	12	eamsa	eamsa	ADJ
ajfa-716	5	13	conference	conference	NOUN
ajfa-716	5	14	participation	participation	NOUN
ajfa-716	5	15	support	support	NOUN
ajfa-716	5	16	and	and	CCONJ
ajfa-716	5	17	professor	professor	NOUN
ajfa-716	5	18	jose	jose	PROPN
ajfa-716	5	19	tabbada	tabbada	PROPN
ajfa-716	5	20	for	for	ADP
ajfa-716	5	21	his	his	PRON
ajfa-716	5	22	valuable	valuable	ADJ
ajfa-716	5	23	comments	comment	NOUN
ajfa-716	5	24	.	.	PUNCT
ajfa-716	6	1	any	any	DET
ajfa-716	6	2	errors	error	NOUN
ajfa-716	6	3	and	and	CCONJ
ajfa-716	6	4	omissions	omission	NOUN
ajfa-716	6	5	are	be	AUX
ajfa-716	6	6	our	our	PRON
ajfa-716	6	7	own	own	ADJ
ajfa-716	6	8	.	.	PUNCT
ajfa-716	7	1	abstract	abstract	ADJ
ajfa-716	7	2	this	this	DET
ajfa-716	7	3	study	study	NOUN
ajfa-716	7	4	looks	look	VERB
ajfa-716	7	5	at	at	ADP
ajfa-716	7	6	interdisciplinary	interdisciplinary	ADJ
ajfa-716	7	7	research	research	NOUN
ajfa-716	7	8	in	in	ADP
ajfa-716	7	9	the	the	DET
ajfa-716	7	10	fields	field	NOUN
ajfa-716	7	11	of	of	ADP
ajfa-716	7	12	economics	economic	NOUN
ajfa-716	7	13	,	,	PUNCT
ajfa-716	7	14	finance	finance	NOUN
ajfa-716	7	15	and	and	CCONJ
ajfa-716	7	16	socioeconomic	socioeconomic	ADJ
ajfa-716	7	17	relations	relation	NOUN
ajfa-716	7	18	addressing	address	VERB
ajfa-716	7	19	the	the	DET
ajfa-716	7	20	question	question	NOUN
ajfa-716	7	21	whether	whether	SCONJ
ajfa-716	7	22	the	the	DET
ajfa-716	7	23	ranking	ranking	NOUN
ajfa-716	7	24	of	of	ADP
ajfa-716	7	25	countries	country	NOUN
ajfa-716	7	26	by	by	ADP
ajfa-716	7	27	major	major	ADJ
ajfa-716	7	28	asian	asian	ADJ
ajfa-716	7	29	journal	journal	NOUN
ajfa-716	7	30	of	of	ADP
ajfa-716	7	31	finance	finance	PROPN
ajfa-716	7	32	&	&	CCONJ
ajfa-716	7	33	accounting	accounting	PROPN
ajfa-716	7	34	issn	issn	PROPN
ajfa-716	7	35	1946	1946	NUM
ajfa-716	7	36	-	-	PUNCT
ajfa-716	7	37	052x	052x	NOUN
ajfa-716	7	38	2011	2011	NUM
ajfa-716	7	39	,	,	PUNCT
ajfa-716	7	40	vol	vol	NOUN
ajfa-716	7	41	.	.	PROPN
ajfa-716	7	42	3	3	NUM
ajfa-716	7	43	,	,	PUNCT
ajfa-716	7	44	no	no	INTJ
ajfa-716	7	45	.	.	NOUN
ajfa-716	7	46	1	1	NUM
ajfa-716	7	47	:	:	PUNCT
ajfa-716	7	48	e7	e7	PROPN
ajfa-716	7	49	www.macrothink.org/ajfa	www.macrothink.org/ajfa	AUX
ajfa-716	7	50	104	104	NUM
ajfa-716	7	51	economic	economic	ADJ
ajfa-716	7	52	,	,	PUNCT
ajfa-716	7	53	social	social	ADJ
ajfa-716	7	54	,	,	PUNCT
ajfa-716	7	55	and	and	CCONJ
ajfa-716	7	56	financial	financial	ADJ
ajfa-716	7	57	performance	performance	NOUN
ajfa-716	7	58	indicators	indicator	NOUN
ajfa-716	7	59	provide	provide	VERB
ajfa-716	7	60	any	any	DET
ajfa-716	7	61	guide	guide	NOUN
ajfa-716	7	62	to	to	ADP
ajfa-716	7	63	the	the	DET
ajfa-716	7	64	rate	rate	NOUN
ajfa-716	7	65	and	and	CCONJ
ajfa-716	7	66	pattern	pattern	NOUN
ajfa-716	7	67	of	of	ADP
ajfa-716	7	68	growth	growth	NOUN
ajfa-716	7	69	and	and	CCONJ
ajfa-716	7	70	development	development	NOUN
ajfa-716	7	71	in	in	ADP
ajfa-716	7	72	the	the	DET
ajfa-716	7	73	asia	asia	PROPN
ajfa-716	7	74	-	-	PUNCT
ajfa-716	7	75	pacific	pacific	PROPN
ajfa-716	7	76	region	region	NOUN
ajfa-716	7	77	.	.	PUNCT
ajfa-716	8	1	the	the	DET
ajfa-716	8	2	paper	paper	NOUN
ajfa-716	8	3	also	also	ADV
ajfa-716	8	4	examines	examine	VERB
ajfa-716	8	5	the	the	DET
ajfa-716	8	6	extent	extent	NOUN
ajfa-716	8	7	of	of	ADP
ajfa-716	8	8	balanced	balanced	ADJ
ajfa-716	8	9	and	and	CCONJ
ajfa-716	8	10	sustained	sustained	ADJ
ajfa-716	8	11	growth	growth	NOUN
ajfa-716	8	12	in	in	ADP
ajfa-716	8	13	selected	select	VERB
ajfa-716	8	14	14	14	NUM
ajfa-716	8	15	asia	asia	PROPN
ajfa-716	8	16	-	-	PUNCT
ajfa-716	8	17	pacific	pacific	ADJ
ajfa-716	8	18	countries	country	NOUN
ajfa-716	8	19	.	.	PUNCT
ajfa-716	9	1	it	it	PRON
ajfa-716	9	2	analyses	analyse	VERB
ajfa-716	9	3	data	datum	NOUN
ajfa-716	9	4	on	on	ADP
ajfa-716	9	5	msci	msci	PROPN
ajfa-716	9	6	returns	return	NOUN
ajfa-716	9	7	,	,	PUNCT
ajfa-716	9	8	gdp	gdp	NOUN
ajfa-716	9	9	growth	growth	NOUN
ajfa-716	9	10	,	,	PUNCT
ajfa-716	9	11	and	and	CCONJ
ajfa-716	9	12	hdi	hdi	PROPN
ajfa-716	9	13	to	to	PART
ajfa-716	9	14	rank	rank	VERB
ajfa-716	9	15	and	and	CCONJ
ajfa-716	9	16	correlate	correlate	VERB
ajfa-716	9	17	the	the	DET
ajfa-716	9	18	overall	overall	ADJ
ajfa-716	9	19	performance	performance	NOUN
ajfa-716	9	20	of	of	ADP
ajfa-716	9	21	each	each	DET
ajfa-716	9	22	country	country	NOUN
ajfa-716	9	23	during	during	ADP
ajfa-716	9	24	the	the	DET
ajfa-716	9	25	1993	1993	NUM
ajfa-716	9	26	-	-	SYM
ajfa-716	9	27	2009	2009	NUM
ajfa-716	9	28	period	period	NOUN
ajfa-716	9	29	.	.	PUNCT
ajfa-716	10	1	gini	gini	NOUN
ajfa-716	10	2	index	index	PROPN
ajfa-716	10	3	and	and	CCONJ
ajfa-716	10	4	cpi	cpi	NOUN
ajfa-716	10	5	are	be	AUX
ajfa-716	10	6	also	also	ADV
ajfa-716	10	7	included	include	VERB
ajfa-716	10	8	to	to	PART
ajfa-716	10	9	provide	provide	VERB
ajfa-716	10	10	added	add	VERB
ajfa-716	10	11	insights	insight	NOUN
ajfa-716	10	12	.	.	PUNCT
ajfa-716	11	1	the	the	DET
ajfa-716	11	2	results	result	NOUN
ajfa-716	11	3	show	show	VERB
ajfa-716	11	4	that	that	SCONJ
ajfa-716	11	5	developing	develop	VERB
ajfa-716	11	6	countries	country	NOUN
ajfa-716	11	7	like	like	ADP
ajfa-716	11	8	india	india	PROPN
ajfa-716	11	9	,	,	PUNCT
ajfa-716	11	10	indonesia	indonesia	PROPN
ajfa-716	11	11	,	,	PUNCT
ajfa-716	11	12	pakistan	pakistan	PROPN
ajfa-716	11	13	,	,	PUNCT
ajfa-716	11	14	and	and	CCONJ
ajfa-716	11	15	sri	sri	PROPN
ajfa-716	11	16	lanka	lanka	PROPN
ajfa-716	11	17	are	be	AUX
ajfa-716	11	18	at	at	ADP
ajfa-716	11	19	the	the	DET
ajfa-716	11	20	top	top	NOUN
ajfa-716	11	21	on	on	ADP
ajfa-716	11	22	most	most	ADJ
ajfa-716	11	23	of	of	ADP
ajfa-716	11	24	the	the	DET
ajfa-716	11	25	financial	financial	ADJ
ajfa-716	11	26	and	and	CCONJ
ajfa-716	11	27	economic	economic	ADJ
ajfa-716	11	28	indicators	indicator	NOUN
ajfa-716	11	29	,	,	PUNCT
ajfa-716	11	30	while	while	SCONJ
ajfa-716	11	31	japan	japan	PROPN
ajfa-716	11	32	is	be	AUX
ajfa-716	11	33	the	the	DET
ajfa-716	11	34	lowest	low	ADJ
ajfa-716	11	35	except	except	SCONJ
ajfa-716	11	36	on	on	ADP
ajfa-716	11	37	hdi	hdi	PROPN
ajfa-716	11	38	,	,	PUNCT
ajfa-716	11	39	where	where	SCONJ
ajfa-716	11	40	the	the	DET
ajfa-716	11	41	bottom	bottom	ADJ
ajfa-716	11	42	rankings	ranking	NOUN
ajfa-716	11	43	goes	go	VERB
ajfa-716	11	44	to	to	ADP
ajfa-716	11	45	india	india	PROPN
ajfa-716	11	46	,	,	PUNCT
ajfa-716	11	47	indonesia	indonesia	PROPN
ajfa-716	11	48	and	and	CCONJ
ajfa-716	11	49	pakistan	pakistan	PROPN
ajfa-716	11	50	.	.	PUNCT
ajfa-716	12	1	overall	overall	ADV
ajfa-716	12	2	,	,	PUNCT
ajfa-716	12	3	the	the	DET
ajfa-716	12	4	results	result	NOUN
ajfa-716	12	5	indicate	indicate	VERB
ajfa-716	12	6	no	no	DET
ajfa-716	12	7	significant	significant	ADJ
ajfa-716	12	8	relationships	relationship	NOUN
ajfa-716	12	9	between	between	ADP
ajfa-716	12	10	a	a	DET
ajfa-716	12	11	country	country	NOUN
ajfa-716	12	12	’s	’s	PART
ajfa-716	12	13	stock	stock	NOUN
ajfa-716	12	14	market	market	NOUN
ajfa-716	12	15	returns	return	NOUN
ajfa-716	12	16	and	and	CCONJ
ajfa-716	12	17	its	its	PRON
ajfa-716	12	18	gdp	gdp	NOUN
ajfa-716	12	19	growth	growth	NOUN
ajfa-716	12	20	.	.	PUNCT
ajfa-716	13	1	nonetheless	nonetheless	ADV
ajfa-716	13	2	,	,	PUNCT
ajfa-716	13	3	the	the	DET
ajfa-716	13	4	results	result	NOUN
ajfa-716	13	5	suggest	suggest	VERB
ajfa-716	13	6	that	that	SCONJ
ajfa-716	13	7	for	for	ADP
ajfa-716	13	8	balanced	balanced	ADJ
ajfa-716	13	9	and	and	CCONJ
ajfa-716	13	10	sustainable	sustainable	ADJ
ajfa-716	13	11	well	well	ADV
ajfa-716	13	12	-	-	PUNCT
ajfa-716	13	13	being	being	NOUN
ajfa-716	13	14	,	,	PUNCT
ajfa-716	13	15	economic	economic	ADJ
ajfa-716	13	16	growth	growth	NOUN
ajfa-716	13	17	in	in	ADP
ajfa-716	13	18	the	the	DET
ajfa-716	13	19	less	less	ADV
ajfa-716	13	20	-	-	PUNCT
ajfa-716	13	21	developed	develop	VERB
ajfa-716	13	22	countries	country	NOUN
ajfa-716	13	23	need	need	VERB
ajfa-716	13	24	to	to	PART
ajfa-716	13	25	be	be	AUX
ajfa-716	13	26	matched	match	VERB
ajfa-716	13	27	by	by	ADP
ajfa-716	13	28	concomitant	concomitant	ADJ
ajfa-716	13	29	improvements	improvement	NOUN
ajfa-716	13	30	in	in	ADP
ajfa-716	13	31	social	social	ADJ
ajfa-716	13	32	welfare	welfare	NOUN
ajfa-716	13	33	,	,	PUNCT
ajfa-716	13	34	income	income	NOUN
ajfa-716	13	35	distribution	distribution	NOUN
ajfa-716	13	36	,	,	PUNCT
ajfa-716	13	37	transparency	transparency	NOUN
ajfa-716	13	38	and	and	CCONJ
ajfa-716	13	39	accountability	accountability	NOUN
ajfa-716	13	40	.	.	PUNCT
ajfa-716	14	1	keywords	keyword	NOUN
ajfa-716	14	2	:	:	PUNCT
ajfa-716	14	3	performance	performance	NOUN
ajfa-716	14	4	ranking	ranking	NOUN
ajfa-716	14	5	,	,	PUNCT
ajfa-716	14	6	hdi	hdi	PROPN
ajfa-716	14	7	,	,	PUNCT
ajfa-716	14	8	stock	stock	NOUN
ajfa-716	14	9	market	market	NOUN
ajfa-716	14	10	,	,	PUNCT
ajfa-716	14	11	asia	asia	PROPN
ajfa-716	14	12	-	-	PUNCT
ajfa-716	14	13	pacific	pacific	PROPN
ajfa-716	14	14	,	,	PUNCT
ajfa-716	14	15	sri	sri	PROPN
ajfa-716	14	16	lanka	lanka	PROPN
ajfa-716	14	17	jel	jel	PROPN
ajfa-716	14	18	classification	classification	PROPN
ajfa-716	14	19	:	:	PUNCT
ajfa-716	14	20	f010	f010	PROPN
ajfa-716	14	21	,	,	PUNCT
ajfa-716	14	22	f040	f040	PROPN
ajfa-716	14	23	,	,	PUNCT
ajfa-716	14	24	e44	e44	PROPN
ajfa-716	14	25	,	,	PUNCT
ajfa-716	14	26	e63	e63	PROPN
ajfa-716	14	27	,	,	PUNCT
ajfa-716	14	28	f14	f14	PROPN
ajfa-716	14	29	,	,	PUNCT
ajfa-716	14	30	f15	f15	PROPN
ajfa-716	14	31	,	,	PUNCT
ajfa-716	14	32	o057	o057	PROPN
ajfa-716	14	33	,	,	PUNCT
ajfa-716	14	34	r11	r11	NOUN
ajfa-716	14	35	.	.	PUNCT
ajfa-716	15	1	asian	asian	PROPN
ajfa-716	15	2	journal	journal	PROPN
ajfa-716	15	3	of	of	ADP
ajfa-716	15	4	finance	finance	PROPN
ajfa-716	15	5	&	&	CCONJ
ajfa-716	15	6	accounting	accounting	PROPN
ajfa-716	15	7	issn	issn	PROPN
ajfa-716	15	8	1946	1946	NUM
ajfa-716	15	9	-	-	PUNCT
ajfa-716	15	10	052x	052x	NOUN
ajfa-716	15	11	2011	2011	NUM
ajfa-716	15	12	,	,	PUNCT
ajfa-716	15	13	vol	vol	NOUN
ajfa-716	15	14	.	.	PROPN
ajfa-716	16	1	3	3	NUM
ajfa-716	16	2	,	,	PUNCT
ajfa-716	16	3	no	no	INTJ
ajfa-716	16	4	.	.	NOUN
ajfa-716	16	5	1	1	NUM
ajfa-716	16	6	:	:	PUNCT
ajfa-716	16	7	e7	e7	PROPN
ajfa-716	16	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	16	9	105	105	NUM
ajfa-716	16	10	1	1	NUM
ajfa-716	16	11	.	.	PUNCT
ajfa-716	17	1	introduction	introduction	NOUN
ajfa-716	17	2	nations	nation	NOUN
ajfa-716	17	3	comprising	comprise	VERB
ajfa-716	17	4	the	the	DET
ajfa-716	17	5	asia	asia	PROPN
ajfa-716	17	6	-	-	PUNCT
ajfa-716	17	7	pacific	pacific	PROPN
ajfa-716	17	8	region	region	NOUN
ajfa-716	17	9	are	be	AUX
ajfa-716	17	10	a	a	DET
ajfa-716	17	11	diverse	diverse	ADJ
ajfa-716	17	12	group	group	NOUN
ajfa-716	17	13	with	with	ADP
ajfa-716	17	14	different	different	ADJ
ajfa-716	17	15	historical	historical	ADJ
ajfa-716	17	16	backgrounds	background	NOUN
ajfa-716	17	17	,	,	PUNCT
ajfa-716	17	18	religious	religious	ADJ
ajfa-716	17	19	beliefs	belief	NOUN
ajfa-716	17	20	and	and	CCONJ
ajfa-716	17	21	affiliations	affiliation	NOUN
ajfa-716	17	22	,	,	PUNCT
ajfa-716	17	23	and	and	CCONJ
ajfa-716	17	24	socio	socio	NOUN
ajfa-716	17	25	-	-	PUNCT
ajfa-716	17	26	cultural	cultural	ADJ
ajfa-716	17	27	practices	practice	NOUN
ajfa-716	17	28	.	.	PUNCT
ajfa-716	18	1	they	they	PRON
ajfa-716	18	2	also	also	ADV
ajfa-716	18	3	have	have	VERB
ajfa-716	18	4	different	different	ADJ
ajfa-716	18	5	levels	level	NOUN
ajfa-716	18	6	of	of	ADP
ajfa-716	18	7	economic	economic	ADJ
ajfa-716	18	8	development	development	NOUN
ajfa-716	18	9	,	,	PUNCT
ajfa-716	18	10	rates	rate	NOUN
ajfa-716	18	11	of	of	ADP
ajfa-716	18	12	economic	economic	ADJ
ajfa-716	18	13	growth	growth	NOUN
ajfa-716	18	14	and	and	CCONJ
ajfa-716	18	15	capital	capital	NOUN
ajfa-716	18	16	market	market	NOUN
ajfa-716	18	17	performance	performance	NOUN
ajfa-716	18	18	.	.	PUNCT
ajfa-716	19	1	nonetheless	nonetheless	ADV
ajfa-716	19	2	,	,	PUNCT
ajfa-716	19	3	these	these	DET
ajfa-716	19	4	nations	nation	NOUN
ajfa-716	19	5	have	have	AUX
ajfa-716	19	6	experienced	experience	VERB
ajfa-716	19	7	rapid	rapid	ADJ
ajfa-716	19	8	growth	growth	NOUN
ajfa-716	19	9	and	and	CCONJ
ajfa-716	19	10	rising	rise	VERB
ajfa-716	19	11	levels	level	NOUN
ajfa-716	19	12	of	of	ADP
ajfa-716	19	13	income	income	NOUN
ajfa-716	19	14	over	over	ADP
ajfa-716	19	15	the	the	DET
ajfa-716	19	16	past	past	ADJ
ajfa-716	19	17	several	several	ADJ
ajfa-716	19	18	decades	decade	NOUN
ajfa-716	19	19	.	.	PUNCT
ajfa-716	20	1	their	their	PRON
ajfa-716	20	2	economic	economic	ADJ
ajfa-716	20	3	growth	growth	NOUN
ajfa-716	20	4	as	as	ADV
ajfa-716	20	5	well	well	ADV
ajfa-716	20	6	as	as	ADP
ajfa-716	20	7	capital	capital	NOUN
ajfa-716	20	8	market	market	NOUN
ajfa-716	20	9	performance	performance	NOUN
ajfa-716	20	10	has	have	AUX
ajfa-716	20	11	been	be	AUX
ajfa-716	20	12	aided	aid	VERB
ajfa-716	20	13	largely	largely	ADV
ajfa-716	20	14	by	by	ADP
ajfa-716	20	15	the	the	DET
ajfa-716	20	16	rapid	rapid	ADJ
ajfa-716	20	17	expansion	expansion	NOUN
ajfa-716	20	18	of	of	ADP
ajfa-716	20	19	multinational	multinational	ADJ
ajfa-716	20	20	enterprises	enterprise	NOUN
ajfa-716	20	21	and	and	CCONJ
ajfa-716	20	22	the	the	DET
ajfa-716	20	23	integration	integration	NOUN
ajfa-716	20	24	of	of	ADP
ajfa-716	20	25	international	international	ADJ
ajfa-716	20	26	financial	financial	ADJ
ajfa-716	20	27	markets	market	NOUN
ajfa-716	20	28	which	which	PRON
ajfa-716	20	29	are	be	AUX
ajfa-716	20	30	characteristic	characteristic	ADJ
ajfa-716	20	31	of	of	ADP
ajfa-716	20	32	the	the	DET
ajfa-716	20	33	current	current	ADJ
ajfa-716	20	34	phase	phase	NOUN
ajfa-716	20	35	of	of	ADP
ajfa-716	20	36	globalisation	globalisation	NOUN
ajfa-716	20	37	.	.	PUNCT
ajfa-716	21	1	this	this	PRON
ajfa-716	21	2	in	in	ADP
ajfa-716	21	3	turn	turn	NOUN
ajfa-716	21	4	has	have	AUX
ajfa-716	21	5	resulted	result	VERB
ajfa-716	21	6	in	in	ADP
ajfa-716	21	7	significant	significant	ADJ
ajfa-716	21	8	increases	increase	NOUN
ajfa-716	21	9	in	in	ADP
ajfa-716	21	10	international	international	ADJ
ajfa-716	21	11	capital	capital	NOUN
ajfa-716	21	12	inflows	inflow	NOUN
ajfa-716	21	13	and	and	CCONJ
ajfa-716	21	14	outflows	outflow	NOUN
ajfa-716	21	15	in	in	ADP
ajfa-716	21	16	the	the	DET
ajfa-716	21	17	region	region	NOUN
ajfa-716	21	18	.	.	PUNCT
ajfa-716	22	1	according	accord	VERB
ajfa-716	22	2	to	to	ADP
ajfa-716	22	3	the	the	DET
ajfa-716	22	4	latest	late	ADJ
ajfa-716	22	5	indicators	indicator	NOUN
ajfa-716	22	6	on	on	ADP
ajfa-716	22	7	economic	economic	ADJ
ajfa-716	22	8	and	and	CCONJ
ajfa-716	22	9	human	human	ADJ
ajfa-716	22	10	development	development	NOUN
ajfa-716	22	11	from	from	ADP
ajfa-716	22	12	the	the	DET
ajfa-716	22	13	international	international	ADJ
ajfa-716	22	14	monetary	monetary	ADJ
ajfa-716	22	15	fund	fund	NOUN
ajfa-716	22	16	(	(	PUNCT
ajfa-716	22	17	imf	imf	PROPN
ajfa-716	22	18	)	)	PUNCT
ajfa-716	22	19	,	,	PUNCT
ajfa-716	22	20	more	more	ADJ
ajfa-716	22	21	than	than	ADP
ajfa-716	22	22	any	any	DET
ajfa-716	22	23	other	other	ADJ
ajfa-716	22	24	region	region	NOUN
ajfa-716	22	25	,	,	PUNCT
ajfa-716	22	26	asia	asia	PROPN
ajfa-716	22	27	is	be	AUX
ajfa-716	22	28	making	make	VERB
ajfa-716	22	29	a	a	DET
ajfa-716	22	30	stronger	strong	ADJ
ajfa-716	22	31	contribution	contribution	NOUN
ajfa-716	22	32	to	to	ADP
ajfa-716	22	33	the	the	DET
ajfa-716	22	34	global	global	ADJ
ajfa-716	22	35	recovery	recovery	NOUN
ajfa-716	22	36	from	from	ADP
ajfa-716	22	37	the	the	DET
ajfa-716	22	38	current	current	ADJ
ajfa-716	22	39	recession	recession	NOUN
ajfa-716	22	40	.	.	PUNCT
ajfa-716	23	1	this	this	PRON
ajfa-716	23	2	is	be	AUX
ajfa-716	23	3	in	in	ADP
ajfa-716	23	4	large	large	ADJ
ajfa-716	23	5	part	part	NOUN
ajfa-716	23	6	due	due	ADP
ajfa-716	23	7	to	to	ADP
ajfa-716	23	8	the	the	DET
ajfa-716	23	9	strong	strong	ADJ
ajfa-716	23	10	domestic	domestic	ADJ
ajfa-716	23	11	demand	demand	NOUN
ajfa-716	23	12	in	in	ADP
ajfa-716	23	13	these	these	DET
ajfa-716	23	14	asian	asian	ADJ
ajfa-716	23	15	countries	country	NOUN
ajfa-716	23	16	,	,	PUNCT
ajfa-716	23	17	which	which	PRON
ajfa-716	23	18	has	have	AUX
ajfa-716	23	19	been	be	AUX
ajfa-716	23	20	due	due	ADJ
ajfa-716	23	21	to	to	ADP
ajfa-716	23	22	the	the	DET
ajfa-716	23	23	rapid	rapid	ADJ
ajfa-716	23	24	economic	economic	ADJ
ajfa-716	23	25	growth	growth	NOUN
ajfa-716	23	26	experienced	experience	VERB
ajfa-716	23	27	by	by	ADP
ajfa-716	23	28	these	these	DET
ajfa-716	23	29	countries	country	NOUN
ajfa-716	23	30	in	in	ADP
ajfa-716	23	31	the	the	DET
ajfa-716	23	32	decades	decade	NOUN
ajfa-716	23	33	prior	prior	ADV
ajfa-716	23	34	to	to	ADP
ajfa-716	23	35	,	,	PUNCT
ajfa-716	23	36	as	as	ADV
ajfa-716	23	37	well	well	ADV
ajfa-716	23	38	as	as	ADP
ajfa-716	23	39	after	after	ADV
ajfa-716	23	40	,	,	PUNCT
ajfa-716	23	41	the	the	DET
ajfa-716	23	42	asian	asian	ADJ
ajfa-716	23	43	financial	financial	ADJ
ajfa-716	23	44	crisis	crisis	NOUN
ajfa-716	23	45	of	of	ADP
ajfa-716	23	46	1997	1997	NUM
ajfa-716	23	47	.	.	PUNCT
ajfa-716	24	1	the	the	DET
ajfa-716	24	2	east	east	ADJ
ajfa-716	24	3	asian	asian	ADJ
ajfa-716	24	4	countries	country	NOUN
ajfa-716	24	5	have	have	AUX
ajfa-716	24	6	been	be	AUX
ajfa-716	24	7	favoured	favour	VERB
ajfa-716	24	8	recipients	recipient	NOUN
ajfa-716	24	9	of	of	ADP
ajfa-716	24	10	foreign	foreign	ADJ
ajfa-716	24	11	direct	direct	ADJ
ajfa-716	24	12	investments	investment	NOUN
ajfa-716	24	13	(	(	PUNCT
ajfa-716	24	14	fdis	fdis	NOUN
ajfa-716	24	15	)	)	PUNCT
ajfa-716	24	16	,	,	PUNCT
ajfa-716	24	17	or	or	CCONJ
ajfa-716	24	18	have	have	AUX
ajfa-716	24	19	had	have	VERB
ajfa-716	24	20	high	high	ADJ
ajfa-716	24	21	levels	level	NOUN
ajfa-716	24	22	of	of	ADP
ajfa-716	24	23	foreign	foreign	ADJ
ajfa-716	24	24	trade	trade	NOUN
ajfa-716	24	25	or	or	CCONJ
ajfa-716	24	26	both	both	PRON
ajfa-716	24	27	as	as	ADP
ajfa-716	24	28	a	a	DET
ajfa-716	24	29	consequence	consequence	NOUN
ajfa-716	24	30	of	of	ADP
ajfa-716	24	31	the	the	DET
ajfa-716	24	32	rapid	rapid	ADJ
ajfa-716	24	33	growth	growth	NOUN
ajfa-716	24	34	in	in	ADP
ajfa-716	24	35	their	their	PRON
ajfa-716	24	36	economies	economy	NOUN
ajfa-716	24	37	.	.	PUNCT
ajfa-716	25	1	another	another	DET
ajfa-716	25	2	contributing	contribute	VERB
ajfa-716	25	3	factor	factor	NOUN
ajfa-716	25	4	was	be	AUX
ajfa-716	25	5	the	the	DET
ajfa-716	25	6	significant	significant	ADJ
ajfa-716	25	7	growth	growth	NOUN
ajfa-716	25	8	in	in	ADP
ajfa-716	25	9	business	business	NOUN
ajfa-716	25	10	activities	activity	NOUN
ajfa-716	25	11	between	between	ADP
ajfa-716	25	12	and	and	CCONJ
ajfa-716	25	13	among	among	ADP
ajfa-716	25	14	the	the	DET
ajfa-716	25	15	neighbouring	neighbouring	ADJ
ajfa-716	25	16	countries	country	NOUN
ajfa-716	25	17	in	in	ADP
ajfa-716	25	18	the	the	DET
ajfa-716	25	19	region	region	NOUN
ajfa-716	25	20	.	.	PUNCT
ajfa-716	26	1	although	although	SCONJ
ajfa-716	26	2	there	there	PRON
ajfa-716	26	3	are	be	VERB
ajfa-716	26	4	previous	previous	ADJ
ajfa-716	26	5	studies	study	NOUN
ajfa-716	26	6	which	which	PRON
ajfa-716	26	7	looked	look	VERB
ajfa-716	26	8	at	at	ADP
ajfa-716	26	9	the	the	DET
ajfa-716	26	10	relationship	relationship	NOUN
ajfa-716	26	11	between	between	ADP
ajfa-716	26	12	macro	macro	ADJ
ajfa-716	26	13	-	-	ADJ
ajfa-716	26	14	economic	economic	ADJ
ajfa-716	26	15	variables	variable	NOUN
ajfa-716	26	16	and	and	CCONJ
ajfa-716	26	17	stock	stock	NOUN
ajfa-716	26	18	market	market	NOUN
ajfa-716	26	19	prices	price	NOUN
ajfa-716	26	20	(	(	PUNCT
ajfa-716	26	21	lee	lee	PROPN
ajfa-716	26	22	,	,	PUNCT
ajfa-716	26	23	boon	boon	NOUN
ajfa-716	26	24	and	and	CCONJ
ajfa-716	26	25	baharumshah	baharumshah	NOUN
ajfa-716	26	26	,	,	PUNCT
ajfa-716	26	27	2001	2001	NUM
ajfa-716	26	28	;	;	PUNCT
ajfa-716	26	29	fifield	fifield	NOUN
ajfa-716	26	30	,	,	PUNCT
ajfa-716	26	31	power	power	NOUN
ajfa-716	26	32	,	,	PUNCT
ajfa-716	26	33	and	and	CCONJ
ajfa-716	26	34	sinclair	sinclair	NOUN
ajfa-716	26	35	,	,	PUNCT
ajfa-716	26	36	2002	2002	NUM
ajfa-716	26	37	;	;	PUNCT
ajfa-716	26	38	patro	patro	NOUN
ajfa-716	26	39	,	,	PUNCT
ajfa-716	26	40	wald	wald	X
ajfa-716	26	41	,	,	PUNCT
ajfa-716	26	42	and	and	CCONJ
ajfa-716	26	43	wu	wu	PROPN
ajfa-716	26	44	,	,	PUNCT
ajfa-716	26	45	2002	2002	NUM
ajfa-716	26	46	;	;	PUNCT
ajfa-716	26	47	gunasekarage	gunasekarage	NOUN
ajfa-716	26	48	,	,	PUNCT
ajfa-716	26	49	pisedtasalasai	pisedtasalasai	ADJ
ajfa-716	26	50	,	,	PUNCT
ajfa-716	26	51	and	and	CCONJ
ajfa-716	26	52	power	power	NOUN
ajfa-716	26	53	,	,	PUNCT
ajfa-716	26	54	2004	2004	NUM
ajfa-716	26	55	;	;	PUNCT
ajfa-716	26	56	wickramasinghe	wickramasinghe	NOUN
ajfa-716	26	57	,	,	PUNCT
ajfa-716	26	58	2011	2011	NUM
ajfa-716	26	59	)	)	PUNCT
ajfa-716	26	60	,	,	PUNCT
ajfa-716	26	61	it	it	PRON
ajfa-716	26	62	is	be	AUX
ajfa-716	26	63	our	our	PRON
ajfa-716	26	64	understanding	understanding	NOUN
ajfa-716	26	65	that	that	SCONJ
ajfa-716	26	66	studies	study	NOUN
ajfa-716	26	67	on	on	ADP
ajfa-716	26	68	stock	stock	NOUN
ajfa-716	26	69	market	market	NOUN
ajfa-716	26	70	performance	performance	NOUN
ajfa-716	26	71	and	and	CCONJ
ajfa-716	26	72	social	social	ADJ
ajfa-716	26	73	performance	performance	NOUN
ajfa-716	26	74	are	be	AUX
ajfa-716	26	75	rare	rare	ADJ
ajfa-716	26	76	or	or	CCONJ
ajfa-716	26	77	almost	almost	ADV
ajfa-716	26	78	non	non	ADJ
ajfa-716	26	79	-	-	ADJ
ajfa-716	26	80	existent	existent	ADJ
ajfa-716	26	81	.	.	PUNCT
ajfa-716	27	1	having	have	VERB
ajfa-716	27	2	a	a	DET
ajfa-716	27	3	meagre	meagre	ADJ
ajfa-716	27	4	attention	attention	NOUN
ajfa-716	27	5	on	on	ADP
ajfa-716	27	6	social	social	ADJ
ajfa-716	27	7	performance	performance	NOUN
ajfa-716	27	8	creates	create	VERB
ajfa-716	27	9	a	a	DET
ajfa-716	27	10	big	big	ADJ
ajfa-716	27	11	gap	gap	NOUN
ajfa-716	27	12	in	in	ADP
ajfa-716	27	13	this	this	DET
ajfa-716	27	14	research	research	NOUN
ajfa-716	27	15	field	field	NOUN
ajfa-716	27	16	,	,	PUNCT
ajfa-716	27	17	because	because	SCONJ
ajfa-716	27	18	as	as	SCONJ
ajfa-716	27	19	countries	country	NOUN
ajfa-716	27	20	advance	advance	VERB
ajfa-716	27	21	economically	economically	ADV
ajfa-716	27	22	and	and	CCONJ
ajfa-716	27	23	financially	financially	ADV
ajfa-716	27	24	,	,	PUNCT
ajfa-716	27	25	the	the	DET
ajfa-716	27	26	improvement	improvement	NOUN
ajfa-716	27	27	in	in	ADP
ajfa-716	27	28	peoples	people	NOUN
ajfa-716	27	29	’	’	PART
ajfa-716	27	30	welfare	welfare	NOUN
ajfa-716	27	31	can	can	AUX
ajfa-716	27	32	not	not	PART
ajfa-716	27	33	be	be	AUX
ajfa-716	27	34	ignored	ignore	VERB
ajfa-716	27	35	or	or	CCONJ
ajfa-716	27	36	postponed	postpone	VERB
ajfa-716	27	37	.	.	PUNCT
ajfa-716	28	1	given	give	VERB
ajfa-716	28	2	the	the	DET
ajfa-716	28	3	financial	financial	ADJ
ajfa-716	28	4	and	and	CCONJ
ajfa-716	28	5	economic	economic	ADJ
ajfa-716	28	6	importance	importance	NOUN
ajfa-716	28	7	of	of	ADP
ajfa-716	28	8	asian	asian	ADJ
ajfa-716	28	9	countries	country	NOUN
ajfa-716	28	10	in	in	ADP
ajfa-716	28	11	global	global	ADJ
ajfa-716	28	12	trade	trade	NOUN
ajfa-716	28	13	and	and	CCONJ
ajfa-716	28	14	investment	investment	NOUN
ajfa-716	28	15	,	,	PUNCT
ajfa-716	28	16	an	an	DET
ajfa-716	28	17	investigation	investigation	NOUN
ajfa-716	28	18	of	of	ADP
ajfa-716	28	19	the	the	DET
ajfa-716	28	20	financial	financial	ADJ
ajfa-716	28	21	-	-	PUNCT
ajfa-716	28	22	economic	economic	ADJ
ajfa-716	28	23	performance	performance	NOUN
ajfa-716	28	24	and	and	CCONJ
ajfa-716	28	25	social	social	ADJ
ajfa-716	28	26	performance	performance	NOUN
ajfa-716	28	27	in	in	ADP
ajfa-716	28	28	these	these	DET
ajfa-716	28	29	countries	country	NOUN
ajfa-716	28	30	is	be	AUX
ajfa-716	28	31	both	both	PRON
ajfa-716	28	32	necessary	necessary	ADJ
ajfa-716	28	33	and	and	CCONJ
ajfa-716	28	34	timely	timely	ADJ
ajfa-716	28	35	.	.	PUNCT
ajfa-716	29	1	the	the	DET
ajfa-716	29	2	aim	aim	NOUN
ajfa-716	29	3	of	of	ADP
ajfa-716	29	4	this	this	DET
ajfa-716	29	5	paper	paper	NOUN
ajfa-716	29	6	is	be	AUX
ajfa-716	29	7	thus	thus	ADV
ajfa-716	29	8	to	to	PART
ajfa-716	29	9	examine	examine	VERB
ajfa-716	29	10	the	the	DET
ajfa-716	29	11	relationship	relationship	NOUN
ajfa-716	29	12	between	between	ADP
ajfa-716	29	13	financial	financial	ADJ
ajfa-716	29	14	and	and	CCONJ
ajfa-716	29	15	economic	economic	ADJ
ajfa-716	29	16	performance	performance	NOUN
ajfa-716	29	17	on	on	ADP
ajfa-716	29	18	one	one	NUM
ajfa-716	29	19	hand	hand	NOUN
ajfa-716	29	20	,	,	PUNCT
ajfa-716	29	21	and	and	CCONJ
ajfa-716	29	22	social	social	ADJ
ajfa-716	29	23	performance	performance	NOUN
ajfa-716	29	24	on	on	ADP
ajfa-716	29	25	the	the	DET
ajfa-716	29	26	other	other	ADJ
ajfa-716	29	27	.	.	PUNCT
ajfa-716	30	1	the	the	DET
ajfa-716	30	2	study	study	NOUN
ajfa-716	30	3	also	also	ADV
ajfa-716	30	4	attempts	attempt	VERB
ajfa-716	30	5	to	to	PART
ajfa-716	30	6	explore	explore	VERB
ajfa-716	30	7	the	the	DET
ajfa-716	30	8	extent	extent	NOUN
ajfa-716	30	9	to	to	PART
ajfa-716	30	10	which	which	PRON
ajfa-716	30	11	these	these	DET
ajfa-716	30	12	countries	country	NOUN
ajfa-716	30	13	have	have	AUX
ajfa-716	30	14	been	be	AUX
ajfa-716	30	15	able	able	ADJ
ajfa-716	30	16	to	to	PART
ajfa-716	30	17	maintain	maintain	VERB
ajfa-716	30	18	balanced	balanced	ADJ
ajfa-716	30	19	and	and	CCONJ
ajfa-716	30	20	fairly	fairly	ADV
ajfa-716	30	21	sustained	sustained	ADJ
ajfa-716	30	22	growth	growth	NOUN
ajfa-716	30	23	during	during	ADP
ajfa-716	30	24	the	the	DET
ajfa-716	30	25	period	period	NOUN
ajfa-716	30	26	1993	1993	NUM
ajfa-716	30	27	-	-	SYM
ajfa-716	30	28	2009	2009	NUM
ajfa-716	30	29	.	.	PUNCT
ajfa-716	31	1	sri	sri	PROPN
ajfa-716	31	2	lanka	lanka	PROPN
ajfa-716	31	3	is	be	AUX
ajfa-716	31	4	examined	examine	VERB
ajfa-716	31	5	as	as	ADP
ajfa-716	31	6	a	a	DET
ajfa-716	31	7	special	special	ADJ
ajfa-716	31	8	case	case	NOUN
ajfa-716	31	9	of	of	ADP
ajfa-716	31	10	a	a	DET
ajfa-716	31	11	country	country	NOUN
ajfa-716	31	12	which	which	PRON
ajfa-716	31	13	has	have	AUX
ajfa-716	31	14	managed	manage	VERB
ajfa-716	31	15	to	to	PART
ajfa-716	31	16	achieve	achieve	VERB
ajfa-716	31	17	continuous	continuous	ADJ
ajfa-716	31	18	economic	economic	ADJ
ajfa-716	31	19	growth	growth	NOUN
ajfa-716	31	20	despite	despite	SCONJ
ajfa-716	31	21	a	a	DET
ajfa-716	31	22	long	long	ADV
ajfa-716	31	23	-	-	PUNCT
ajfa-716	31	24	running	run	VERB
ajfa-716	31	25	and	and	CCONJ
ajfa-716	31	26	destructive	destructive	ADJ
ajfa-716	31	27	war	war	NOUN
ajfa-716	31	28	with	with	ADP
ajfa-716	31	29	extremists	extremist	NOUN
ajfa-716	31	30	.	.	PUNCT
ajfa-716	32	1	economists	economist	NOUN
ajfa-716	32	2	generally	generally	ADV
ajfa-716	32	3	use	use	VERB
ajfa-716	32	4	macroeconomic	macroeconomic	ADJ
ajfa-716	32	5	indicators	indicator	NOUN
ajfa-716	32	6	to	to	PART
ajfa-716	32	7	evaluate	evaluate	VERB
ajfa-716	32	8	a	a	DET
ajfa-716	32	9	country	country	NOUN
ajfa-716	32	10	’s	’s	PART
ajfa-716	32	11	economic	economic	ADJ
ajfa-716	32	12	performance	performance	NOUN
ajfa-716	32	13	,	,	PUNCT
ajfa-716	32	14	while	while	SCONJ
ajfa-716	32	15	financial	financial	ADJ
ajfa-716	32	16	analysts	analyst	NOUN
ajfa-716	32	17	employ	employ	VERB
ajfa-716	32	18	financial	financial	ADJ
ajfa-716	32	19	market	market	NOUN
ajfa-716	32	20	data	datum	NOUN
ajfa-716	32	21	to	to	PART
ajfa-716	32	22	assess	assess	VERB
ajfa-716	32	23	its	its	PRON
ajfa-716	32	24	financial	financial	ADJ
ajfa-716	32	25	strength	strength	NOUN
ajfa-716	32	26	.	.	PUNCT
ajfa-716	33	1	the	the	DET
ajfa-716	33	2	two	two	NUM
ajfa-716	33	3	indicators	indicator	NOUN
ajfa-716	33	4	(	(	PUNCT
ajfa-716	33	5	macro	macro	ADJ
ajfa-716	33	6	-	-	ADJ
ajfa-716	33	7	economic	economic	ADJ
ajfa-716	33	8	and	and	CCONJ
ajfa-716	33	9	financial	financial	ADJ
ajfa-716	33	10	)	)	PUNCT
ajfa-716	33	11	are	be	AUX
ajfa-716	33	12	seldom	seldom	ADV
ajfa-716	33	13	combined	combine	VERB
ajfa-716	33	14	in	in	ADP
ajfa-716	33	15	one	one	NUM
ajfa-716	33	16	study	study	NOUN
ajfa-716	33	17	.	.	PUNCT
ajfa-716	34	1	this	this	DET
ajfa-716	34	2	paper	paper	NOUN
ajfa-716	34	3	attempts	attempt	VERB
ajfa-716	34	4	to	to	PART
ajfa-716	34	5	combine	combine	VERB
ajfa-716	34	6	economic	economic	ADJ
ajfa-716	34	7	,	,	PUNCT
ajfa-716	34	8	financial	financial	ADJ
ajfa-716	34	9	and	and	CCONJ
ajfa-716	34	10	social	social	ADJ
ajfa-716	34	11	indicators	indicator	NOUN
ajfa-716	34	12	to	to	PART
ajfa-716	34	13	rank	rank	VERB
ajfa-716	34	14	a	a	DET
ajfa-716	34	15	sample	sample	NOUN
ajfa-716	34	16	of	of	ADP
ajfa-716	34	17	countries	country	NOUN
ajfa-716	34	18	according	accord	VERB
ajfa-716	34	19	to	to	ADP
ajfa-716	34	20	their	their	PRON
ajfa-716	34	21	growth	growth	NOUN
ajfa-716	34	22	and	and	CCONJ
ajfa-716	34	23	development	development	NOUN
ajfa-716	34	24	performance	performance	NOUN
ajfa-716	34	25	.	.	PUNCT
ajfa-716	35	1	it	it	PRON
ajfa-716	35	2	examines	examine	VERB
ajfa-716	35	3	the	the	DET
ajfa-716	35	4	movements	movement	NOUN
ajfa-716	35	5	of	of	ADP
ajfa-716	35	6	stock	stock	NOUN
ajfa-716	35	7	prices	price	NOUN
ajfa-716	35	8	and	and	CCONJ
ajfa-716	35	9	socio	socio	NOUN
ajfa-716	35	10	-	-	PUNCT
ajfa-716	35	11	economic	economic	ADJ
ajfa-716	35	12	performance	performance	NOUN
ajfa-716	35	13	to	to	PART
ajfa-716	35	14	determine	determine	VERB
ajfa-716	35	15	whether	whether	SCONJ
ajfa-716	35	16	and	and	CCONJ
ajfa-716	35	17	(	(	PUNCT
ajfa-716	35	18	if	if	SCONJ
ajfa-716	35	19	asian	asian	ADJ
ajfa-716	35	20	journal	journal	NOUN
ajfa-716	35	21	of	of	ADP
ajfa-716	35	22	finance	finance	PROPN
ajfa-716	35	23	&	&	CCONJ
ajfa-716	35	24	accounting	accounting	PROPN
ajfa-716	35	25	issn	issn	PROPN
ajfa-716	35	26	1946	1946	NUM
ajfa-716	35	27	-	-	PUNCT
ajfa-716	35	28	052x	052x	NOUN
ajfa-716	35	29	2011	2011	NUM
ajfa-716	35	30	,	,	PUNCT
ajfa-716	35	31	vol	vol	NOUN
ajfa-716	35	32	.	.	PROPN
ajfa-716	35	33	3	3	NUM
ajfa-716	35	34	,	,	PUNCT
ajfa-716	35	35	no	no	INTJ
ajfa-716	35	36	.	.	NOUN
ajfa-716	35	37	1	1	NUM
ajfa-716	35	38	:	:	PUNCT
ajfa-716	35	39	e7	e7	PROPN
ajfa-716	35	40	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	35	41	106	106	NUM
ajfa-716	35	42	so	so	ADV
ajfa-716	35	43	)	)	PUNCT
ajfa-716	35	44	to	to	ADP
ajfa-716	35	45	what	what	DET
ajfa-716	35	46	extent	extent	NOUN
ajfa-716	35	47	the	the	DET
ajfa-716	35	48	two	two	NUM
ajfa-716	35	49	are	be	AUX
ajfa-716	35	50	related	relate	VERB
ajfa-716	35	51	.	.	PUNCT
ajfa-716	36	1	by	by	ADP
ajfa-716	36	2	enhancing	enhance	VERB
ajfa-716	36	3	our	our	PRON
ajfa-716	36	4	knowledge	knowledge	NOUN
ajfa-716	36	5	and	and	CCONJ
ajfa-716	36	6	understanding	understanding	NOUN
ajfa-716	36	7	of	of	ADP
ajfa-716	36	8	the	the	DET
ajfa-716	36	9	co	co	NOUN
ajfa-716	36	10	-	-	NOUN
ajfa-716	36	11	movements	movement	NOUN
ajfa-716	36	12	and	and	CCONJ
ajfa-716	36	13	correlations	correlation	NOUN
ajfa-716	36	14	of	of	ADP
ajfa-716	36	15	these	these	DET
ajfa-716	36	16	indicators	indicator	NOUN
ajfa-716	36	17	,	,	PUNCT
ajfa-716	36	18	the	the	DET
ajfa-716	36	19	findings	finding	NOUN
ajfa-716	36	20	of	of	ADP
ajfa-716	36	21	this	this	DET
ajfa-716	36	22	study	study	NOUN
ajfa-716	36	23	intend	intend	VERB
ajfa-716	36	24	to	to	PART
ajfa-716	36	25	enhance	enhance	VERB
ajfa-716	36	26	the	the	DET
ajfa-716	36	27	usability	usability	NOUN
ajfa-716	36	28	of	of	ADP
ajfa-716	36	29	such	such	ADJ
ajfa-716	36	30	indicators	indicator	NOUN
ajfa-716	36	31	to	to	ADP
ajfa-716	36	32	investors	investor	NOUN
ajfa-716	36	33	and	and	CCONJ
ajfa-716	36	34	policymakers	policymaker	NOUN
ajfa-716	36	35	alike	alike	ADV
ajfa-716	36	36	.	.	PUNCT
ajfa-716	37	1	the	the	DET
ajfa-716	37	2	outline	outline	NOUN
ajfa-716	37	3	of	of	ADP
ajfa-716	37	4	the	the	DET
ajfa-716	37	5	paper	paper	NOUN
ajfa-716	37	6	is	be	AUX
ajfa-716	37	7	as	as	SCONJ
ajfa-716	37	8	follows	follow	VERB
ajfa-716	37	9	.	.	PUNCT
ajfa-716	38	1	the	the	DET
ajfa-716	38	2	first	first	ADJ
ajfa-716	38	3	section	section	NOUN
ajfa-716	38	4	reviews	review	VERB
ajfa-716	38	5	the	the	DET
ajfa-716	38	6	recent	recent	ADJ
ajfa-716	38	7	literature	literature	NOUN
ajfa-716	38	8	on	on	ADP
ajfa-716	38	9	stock	stock	NOUN
ajfa-716	38	10	market	market	NOUN
ajfa-716	38	11	and	and	CCONJ
ajfa-716	38	12	economic	economic	ADJ
ajfa-716	38	13	performance	performance	NOUN
ajfa-716	38	14	,	,	PUNCT
ajfa-716	38	15	and	and	CCONJ
ajfa-716	38	16	emphasizes	emphasize	VERB
ajfa-716	38	17	the	the	DET
ajfa-716	38	18	significance	significance	NOUN
ajfa-716	38	19	of	of	ADP
ajfa-716	38	20	social	social	ADJ
ajfa-716	38	21	performance	performance	NOUN
ajfa-716	38	22	for	for	ADP
ajfa-716	38	23	people	people	NOUN
ajfa-716	38	24	’s	’s	PART
ajfa-716	38	25	well	well	ADV
ajfa-716	38	26	-	-	PUNCT
ajfa-716	38	27	being	being	NOUN
ajfa-716	38	28	in	in	ADP
ajfa-716	38	29	a	a	DET
ajfa-716	38	30	country	country	NOUN
ajfa-716	38	31	.	.	PUNCT
ajfa-716	39	1	the	the	DET
ajfa-716	39	2	second	second	ADJ
ajfa-716	39	3	section	section	NOUN
ajfa-716	39	4	discusses	discuss	VERB
ajfa-716	39	5	the	the	DET
ajfa-716	39	6	methodology	methodology	NOUN
ajfa-716	39	7	and	and	CCONJ
ajfa-716	39	8	the	the	DET
ajfa-716	39	9	data	datum	NOUN
ajfa-716	39	10	used	use	VERB
ajfa-716	39	11	for	for	ADP
ajfa-716	39	12	the	the	DET
ajfa-716	39	13	study	study	NOUN
ajfa-716	39	14	.	.	PUNCT
ajfa-716	40	1	the	the	DET
ajfa-716	40	2	third	third	ADJ
ajfa-716	40	3	section	section	NOUN
ajfa-716	40	4	reports	report	VERB
ajfa-716	40	5	the	the	DET
ajfa-716	40	6	results	result	NOUN
ajfa-716	40	7	and	and	CCONJ
ajfa-716	40	8	analyzes	analyze	VERB
ajfa-716	40	9	their	their	PRON
ajfa-716	40	10	implications	implication	NOUN
ajfa-716	40	11	.	.	PUNCT
ajfa-716	41	1	the	the	DET
ajfa-716	41	2	last	last	ADJ
ajfa-716	41	3	section	section	NOUN
ajfa-716	41	4	presents	present	VERB
ajfa-716	41	5	the	the	DET
ajfa-716	41	6	conclusion	conclusion	NOUN
ajfa-716	41	7	,	,	PUNCT
ajfa-716	41	8	the	the	DET
ajfa-716	41	9	limitations	limitation	NOUN
ajfa-716	41	10	of	of	ADP
ajfa-716	41	11	the	the	DET
ajfa-716	41	12	study	study	NOUN
ajfa-716	41	13	,	,	PUNCT
ajfa-716	41	14	and	and	CCONJ
ajfa-716	41	15	possible	possible	ADJ
ajfa-716	41	16	future	future	ADJ
ajfa-716	41	17	research	research	NOUN
ajfa-716	41	18	.	.	PUNCT
ajfa-716	42	1	2	2	X
ajfa-716	42	2	.	.	X
ajfa-716	42	3	literature	literature	NOUN
ajfa-716	42	4	review	review	VERB
ajfa-716	42	5	2.1	2.1	NUM
ajfa-716	42	6	macro	macro	NOUN
ajfa-716	42	7	-	-	NOUN
ajfa-716	42	8	economy	economy	NOUN
ajfa-716	42	9	and	and	CCONJ
ajfa-716	42	10	the	the	DET
ajfa-716	42	11	equity	equity	NOUN
ajfa-716	42	12	market	market	NOUN
ajfa-716	42	13	one	one	NUM
ajfa-716	42	14	of	of	ADP
ajfa-716	42	15	the	the	DET
ajfa-716	42	16	major	major	ADJ
ajfa-716	42	17	goals	goal	NOUN
ajfa-716	42	18	of	of	ADP
ajfa-716	42	19	open	open	ADJ
ajfa-716	42	20	economies	economy	NOUN
ajfa-716	42	21	is	be	AUX
ajfa-716	42	22	to	to	PART
ajfa-716	42	23	have	have	VERB
ajfa-716	42	24	sustainable	sustainable	ADJ
ajfa-716	42	25	economic	economic	ADJ
ajfa-716	42	26	growth	growth	NOUN
ajfa-716	42	27	.	.	PUNCT
ajfa-716	43	1	development	development	NOUN
ajfa-716	43	2	theory	theory	NOUN
ajfa-716	43	3	suggests	suggest	VERB
ajfa-716	43	4	that	that	SCONJ
ajfa-716	43	5	indices	indice	VERB
ajfa-716	43	6	such	such	ADJ
ajfa-716	43	7	as	as	ADP
ajfa-716	43	8	gdp	gdp	NOUN
ajfa-716	43	9	,	,	PUNCT
ajfa-716	43	10	per	per	ADP
ajfa-716	43	11	capita	capita	X
ajfa-716	43	12	gdp	gdp	NOUN
ajfa-716	43	13	,	,	PUNCT
ajfa-716	43	14	literacy	literacy	NOUN
ajfa-716	43	15	rate	rate	NOUN
ajfa-716	43	16	,	,	PUNCT
ajfa-716	43	17	poverty	poverty	NOUN
ajfa-716	43	18	level	level	NOUN
ajfa-716	43	19	,	,	PUNCT
ajfa-716	43	20	gini	gini	NOUN
ajfa-716	43	21	index	index	NOUN
ajfa-716	43	22	(	(	PUNCT
ajfa-716	43	23	for	for	ADP
ajfa-716	43	24	income	income	NOUN
ajfa-716	43	25	distribution	distribution	NOUN
ajfa-716	43	26	)	)	PUNCT
ajfa-716	43	27	,	,	PUNCT
ajfa-716	43	28	and	and	CCONJ
ajfa-716	43	29	level	level	NOUN
ajfa-716	43	30	of	of	ADP
ajfa-716	43	31	corruption	corruption	NOUN
ajfa-716	43	32	signify	signify	VERB
ajfa-716	43	33	the	the	DET
ajfa-716	43	34	level	level	NOUN
ajfa-716	43	35	of	of	ADP
ajfa-716	43	36	“	"	PUNCT
ajfa-716	43	37	well	well	ADV
ajfa-716	43	38	-	-	PUNCT
ajfa-716	43	39	being	being	NOUN
ajfa-716	43	40	”	"	PUNCT
ajfa-716	43	41	of	of	ADP
ajfa-716	43	42	a	a	DET
ajfa-716	43	43	particular	particular	ADJ
ajfa-716	43	44	country	country	NOUN
ajfa-716	43	45	.	.	PUNCT
ajfa-716	44	1	on	on	ADP
ajfa-716	44	2	the	the	DET
ajfa-716	44	3	one	one	NUM
ajfa-716	44	4	hand	hand	NOUN
ajfa-716	44	5	,	,	PUNCT
ajfa-716	44	6	the	the	DET
ajfa-716	44	7	economic	economic	ADJ
ajfa-716	44	8	growth	growth	NOUN
ajfa-716	44	9	and	and	CCONJ
ajfa-716	44	10	efficiency	efficiency	NOUN
ajfa-716	44	11	of	of	ADP
ajfa-716	44	12	a	a	DET
ajfa-716	44	13	country	country	NOUN
ajfa-716	44	14	largely	largely	ADV
ajfa-716	44	15	depends	depend	VERB
ajfa-716	44	16	on	on	ADP
ajfa-716	44	17	the	the	DET
ajfa-716	44	18	country	country	NOUN
ajfa-716	44	19	’s	’s	PART
ajfa-716	44	20	financial	financial	ADJ
ajfa-716	44	21	system	system	NOUN
ajfa-716	44	22	,	,	PUNCT
ajfa-716	44	23	in	in	ADP
ajfa-716	44	24	which	which	PRON
ajfa-716	44	25	the	the	DET
ajfa-716	44	26	stock	stock	NOUN
ajfa-716	44	27	market	market	NOUN
ajfa-716	44	28	contributes	contribute	VERB
ajfa-716	44	29	to	to	ADP
ajfa-716	44	30	economic	economic	ADJ
ajfa-716	44	31	growth	growth	NOUN
ajfa-716	44	32	via	via	ADP
ajfa-716	44	33	productive	productive	ADJ
ajfa-716	44	34	investments	investment	NOUN
ajfa-716	44	35	.	.	PUNCT
ajfa-716	45	1	on	on	ADP
ajfa-716	45	2	the	the	DET
ajfa-716	45	3	other	other	ADJ
ajfa-716	45	4	hand	hand	NOUN
ajfa-716	45	5	,	,	PUNCT
ajfa-716	45	6	stock	stock	NOUN
ajfa-716	45	7	market	market	NOUN
ajfa-716	45	8	performance	performance	NOUN
ajfa-716	45	9	is	be	AUX
ajfa-716	45	10	often	often	ADV
ajfa-716	45	11	used	use	VERB
ajfa-716	45	12	as	as	ADP
ajfa-716	45	13	a	a	DET
ajfa-716	45	14	general	general	ADJ
ajfa-716	45	15	gauge	gauge	NOUN
ajfa-716	45	16	of	of	ADP
ajfa-716	45	17	a	a	DET
ajfa-716	45	18	country	country	NOUN
ajfa-716	45	19	’s	’s	PART
ajfa-716	45	20	business	business	NOUN
ajfa-716	45	21	environment	environment	NOUN
ajfa-716	45	22	.	.	PUNCT
ajfa-716	46	1	this	this	PRON
ajfa-716	46	2	is	be	AUX
ajfa-716	46	3	so	so	ADV
ajfa-716	46	4	because	because	SCONJ
ajfa-716	46	5	performance	performance	NOUN
ajfa-716	46	6	in	in	ADP
ajfa-716	46	7	the	the	DET
ajfa-716	46	8	share	share	NOUN
ajfa-716	46	9	market	market	NOUN
ajfa-716	46	10	reflects	reflect	VERB
ajfa-716	46	11	or	or	CCONJ
ajfa-716	46	12	is	be	AUX
ajfa-716	46	13	affected	affect	VERB
ajfa-716	46	14	by	by	ADP
ajfa-716	46	15	such	such	ADJ
ajfa-716	46	16	factors	factor	NOUN
ajfa-716	46	17	as	as	ADP
ajfa-716	46	18	rate	rate	NOUN
ajfa-716	46	19	of	of	ADP
ajfa-716	46	20	inflation	inflation	NOUN
ajfa-716	46	21	,	,	PUNCT
ajfa-716	46	22	interest	interest	NOUN
ajfa-716	46	23	rate	rate	NOUN
ajfa-716	46	24	,	,	PUNCT
ajfa-716	46	25	levels	level	NOUN
ajfa-716	46	26	and	and	CCONJ
ajfa-716	46	27	rates	rate	NOUN
ajfa-716	46	28	of	of	ADP
ajfa-716	46	29	growth	growth	NOUN
ajfa-716	46	30	of	of	ADP
ajfa-716	46	31	disposable	disposable	ADJ
ajfa-716	46	32	incomes	income	NOUN
ajfa-716	46	33	,	,	PUNCT
ajfa-716	46	34	trade	trade	NOUN
ajfa-716	46	35	balance	balance	NOUN
ajfa-716	46	36	,	,	PUNCT
ajfa-716	46	37	and	and	CCONJ
ajfa-716	46	38	the	the	DET
ajfa-716	46	39	degree	degree	NOUN
ajfa-716	46	40	of	of	ADP
ajfa-716	46	41	transparency	transparency	NOUN
ajfa-716	46	42	and	and	CCONJ
ajfa-716	46	43	accountability	accountability	NOUN
ajfa-716	46	44	in	in	ADP
ajfa-716	46	45	the	the	DET
ajfa-716	46	46	economy	economy	NOUN
ajfa-716	46	47	.	.	PUNCT
ajfa-716	47	1	the	the	DET
ajfa-716	47	2	performance	performance	NOUN
ajfa-716	47	3	or	or	CCONJ
ajfa-716	47	4	success	success	NOUN
ajfa-716	47	5	of	of	ADP
ajfa-716	47	6	an	an	DET
ajfa-716	47	7	economy	economy	NOUN
ajfa-716	47	8	is	be	AUX
ajfa-716	47	9	often	often	ADV
ajfa-716	47	10	indicated	indicate	VERB
ajfa-716	47	11	by	by	ADP
ajfa-716	47	12	:	:	PUNCT
ajfa-716	47	13	a	a	X
ajfa-716	47	14	)	)	PUNCT
ajfa-716	47	15	economic	economic	ADJ
ajfa-716	47	16	growth	growth	NOUN
ajfa-716	47	17	,	,	PUNCT
ajfa-716	47	18	b	b	NOUN
ajfa-716	47	19	)	)	PUNCT
ajfa-716	47	20	efficiency	efficiency	NOUN
ajfa-716	47	21	,	,	PUNCT
ajfa-716	47	22	c	c	NOUN
ajfa-716	47	23	)	)	PUNCT
ajfa-716	47	24	income	income	NOUN
ajfa-716	47	25	distribution	distribution	NOUN
ajfa-716	47	26	,	,	PUNCT
ajfa-716	47	27	d	d	X
ajfa-716	47	28	)	)	PUNCT
ajfa-716	47	29	stability	stability	NOUN
ajfa-716	47	30	,	,	PUNCT
ajfa-716	47	31	and	and	CCONJ
ajfa-716	47	32	e	e	X
ajfa-716	47	33	)	)	PUNCT
ajfa-716	47	34	viability	viability	NOUN
ajfa-716	47	35	.	.	PUNCT
ajfa-716	48	1	gregory	gregory	PROPN
ajfa-716	48	2	and	and	CCONJ
ajfa-716	48	3	stuart	stuart	PROPN
ajfa-716	48	4	(	(	PUNCT
ajfa-716	48	5	2004	2004	NUM
ajfa-716	48	6	)	)	PUNCT
ajfa-716	48	7	call	call	VERB
ajfa-716	48	8	these	these	PRON
ajfa-716	48	9	as	as	ADP
ajfa-716	48	10	“	"	PUNCT
ajfa-716	48	11	performance	performance	NOUN
ajfa-716	48	12	criteria	criterion	NOUN
ajfa-716	48	13	”	"	PUNCT
ajfa-716	48	14	.	.	PUNCT
ajfa-716	49	1	in	in	ADP
ajfa-716	49	2	the	the	DET
ajfa-716	49	3	development	development	NOUN
ajfa-716	49	4	literature	literature	NOUN
ajfa-716	49	5	,	,	PUNCT
ajfa-716	49	6	these	these	DET
ajfa-716	49	7	criteria	criterion	NOUN
ajfa-716	49	8	are	be	AUX
ajfa-716	49	9	often	often	ADV
ajfa-716	49	10	subsumed	subsume	VERB
ajfa-716	49	11	under	under	ADP
ajfa-716	49	12	the	the	DET
ajfa-716	49	13	rubric	rubric	NOUN
ajfa-716	49	14	of	of	ADP
ajfa-716	49	15	“	"	PUNCT
ajfa-716	49	16	development	development	NOUN
ajfa-716	49	17	”	"	PUNCT
ajfa-716	49	18	,	,	PUNCT
ajfa-716	49	19	which	which	PRON
ajfa-716	49	20	is	be	AUX
ajfa-716	49	21	much	much	ADV
ajfa-716	49	22	broader	broad	ADJ
ajfa-716	49	23	concept	concept	NOUN
ajfa-716	49	24	than	than	ADP
ajfa-716	49	25	mere	mere	ADJ
ajfa-716	49	26	economic	economic	ADJ
ajfa-716	49	27	growth	growth	NOUN
ajfa-716	49	28	.	.	PUNCT
ajfa-716	50	1	rosser	rosser	PROPN
ajfa-716	50	2	and	and	CCONJ
ajfa-716	50	3	rosser	rosser	PROPN
ajfa-716	50	4	(	(	PUNCT
ajfa-716	50	5	2004	2004	NUM
ajfa-716	50	6	)	)	PUNCT
ajfa-716	50	7	came	come	VERB
ajfa-716	50	8	up	up	ADP
ajfa-716	50	9	with	with	ADP
ajfa-716	50	10	a	a	DET
ajfa-716	50	11	more	more	ADV
ajfa-716	50	12	detailed	detailed	ADJ
ajfa-716	50	13	set	set	NOUN
ajfa-716	50	14	of	of	ADP
ajfa-716	50	15	nine	nine	NUM
ajfa-716	50	16	criteria1	criteria1	NOUN
ajfa-716	50	17	that	that	PRON
ajfa-716	50	18	can	can	AUX
ajfa-716	50	19	nevertheless	nevertheless	ADV
ajfa-716	50	20	also	also	ADV
ajfa-716	50	21	be	be	AUX
ajfa-716	50	22	subsumed	subsume	VERB
ajfa-716	50	23	under	under	ADP
ajfa-716	50	24	the	the	DET
ajfa-716	50	25	five	five	NUM
ajfa-716	50	26	criteria	criterion	NOUN
ajfa-716	50	27	proposed	propose	VERB
ajfa-716	50	28	by	by	ADP
ajfa-716	50	29	gregory	gregory	PROPN
ajfa-716	50	30	and	and	CCONJ
ajfa-716	50	31	stuart	stuart	PROPN
ajfa-716	50	32	(	(	PUNCT
ajfa-716	50	33	2004	2004	NUM
ajfa-716	50	34	)	)	PUNCT
ajfa-716	50	35	,	,	PUNCT
ajfa-716	50	36	so	so	ADV
ajfa-716	50	37	our	our	PRON
ajfa-716	50	38	discussion	discussion	NOUN
ajfa-716	50	39	focuses	focus	VERB
ajfa-716	50	40	on	on	ADP
ajfa-716	50	41	the	the	DET
ajfa-716	50	42	latter	latter	ADJ
ajfa-716	50	43	.	.	PUNCT
ajfa-716	51	1	economic	economic	ADJ
ajfa-716	51	2	growth	growth	NOUN
ajfa-716	51	3	refers	refer	VERB
ajfa-716	51	4	to	to	ADP
ajfa-716	51	5	the	the	DET
ajfa-716	51	6	level	level	NOUN
ajfa-716	51	7	and	and	CCONJ
ajfa-716	51	8	rate	rate	NOUN
ajfa-716	51	9	of	of	ADP
ajfa-716	51	10	growth	growth	NOUN
ajfa-716	51	11	of	of	ADP
ajfa-716	51	12	output	output	NOUN
ajfa-716	51	13	and	and	CCONJ
ajfa-716	51	14	income	income	NOUN
ajfa-716	51	15	,	,	PUNCT
ajfa-716	51	16	total	total	ADJ
ajfa-716	51	17	as	as	ADV
ajfa-716	51	18	well	well	ADV
ajfa-716	51	19	as	as	ADP
ajfa-716	51	20	per	per	ADP
ajfa-716	51	21	capita	capita	NOUN
ajfa-716	51	22	,	,	PUNCT
ajfa-716	51	23	and	and	CCONJ
ajfa-716	51	24	the	the	DET
ajfa-716	51	25	composition	composition	NOUN
ajfa-716	51	26	of	of	ADP
ajfa-716	51	27	output	output	NOUN
ajfa-716	51	28	over	over	ADP
ajfa-716	51	29	time	time	NOUN
ajfa-716	51	30	.	.	PUNCT
ajfa-716	52	1	efficiency	efficiency	NOUN
ajfa-716	52	2	,	,	PUNCT
ajfa-716	52	3	on	on	ADP
ajfa-716	52	4	the	the	DET
ajfa-716	52	5	other	other	ADJ
ajfa-716	52	6	hand	hand	NOUN
ajfa-716	52	7	refers	refer	VERB
ajfa-716	52	8	to	to	ADP
ajfa-716	52	9	the	the	DET
ajfa-716	52	10	relationship	relationship	NOUN
ajfa-716	52	11	between	between	ADP
ajfa-716	52	12	output	output	NOUN
ajfa-716	52	13	and	and	CCONJ
ajfa-716	52	14	the	the	DET
ajfa-716	52	15	inputs	input	NOUN
ajfa-716	52	16	used	use	VERB
ajfa-716	52	17	in	in	ADP
ajfa-716	52	18	producing	produce	VERB
ajfa-716	52	19	that	that	DET
ajfa-716	52	20	output	output	NOUN
ajfa-716	52	21	,	,	PUNCT
ajfa-716	52	22	and	and	CCONJ
ajfa-716	52	23	efficiency	efficiency	NOUN
ajfa-716	52	24	is	be	AUX
ajfa-716	52	25	often	often	ADV
ajfa-716	52	26	indicated	indicate	VERB
ajfa-716	52	27	by	by	ADP
ajfa-716	52	28	the	the	DET
ajfa-716	52	29	presence	presence	NOUN
ajfa-716	52	30	(	(	PUNCT
ajfa-716	52	31	or	or	CCONJ
ajfa-716	52	32	absence	absence	NOUN
ajfa-716	52	33	)	)	PUNCT
ajfa-716	52	34	of	of	ADP
ajfa-716	52	35	economies	economy	NOUN
ajfa-716	52	36	of	of	ADP
ajfa-716	52	37	scale	scale	NOUN
ajfa-716	52	38	,	,	PUNCT
ajfa-716	52	39	total	total	ADJ
ajfa-716	52	40	factor	factor	NOUN
ajfa-716	52	41	productivity	productivity	NOUN
ajfa-716	52	42	,	,	PUNCT
ajfa-716	52	43	and	and	CCONJ
ajfa-716	52	44	the	the	DET
ajfa-716	52	45	absence	absence	NOUN
ajfa-716	52	46	of	of	ADP
ajfa-716	52	47	corruption	corruption	NOUN
ajfa-716	52	48	.	.	PUNCT
ajfa-716	53	1	efficiency	efficiency	NOUN
ajfa-716	53	2	is	be	AUX
ajfa-716	53	3	related	relate	VERB
ajfa-716	53	4	to	to	ADP
ajfa-716	53	5	growth	growth	NOUN
ajfa-716	53	6	in	in	ADP
ajfa-716	53	7	the	the	DET
ajfa-716	53	8	sense	sense	NOUN
ajfa-716	53	9	that	that	SCONJ
ajfa-716	53	10	efficient	efficient	ADJ
ajfa-716	53	11	economies	economy	NOUN
ajfa-716	53	12	are	be	AUX
ajfa-716	53	13	likely	likely	ADJ
ajfa-716	53	14	to	to	PART
ajfa-716	53	15	grow	grow	VERB
ajfa-716	53	16	more	more	ADV
ajfa-716	53	17	rapidly	rapidly	ADV
ajfa-716	53	18	than	than	ADP
ajfa-716	53	19	those	those	PRON
ajfa-716	53	20	that	that	PRON
ajfa-716	53	21	are	be	AUX
ajfa-716	53	22	not	not	PART
ajfa-716	53	23	,	,	PUNCT
ajfa-716	53	24	and	and	CCONJ
ajfa-716	53	25	such	such	ADJ
ajfa-716	53	26	economies	economy	NOUN
ajfa-716	53	27	are	be	AUX
ajfa-716	53	28	expected	expect	VERB
ajfa-716	53	29	to	to	PART
ajfa-716	53	30	have	have	VERB
ajfa-716	53	31	no	no	DET
ajfa-716	53	32	or	or	CCONJ
ajfa-716	53	33	lower	low	ADJ
ajfa-716	53	34	level	level	NOUN
ajfa-716	53	35	of	of	ADP
ajfa-716	53	36	corruption	corruption	NOUN
ajfa-716	53	37	.	.	PUNCT
ajfa-716	54	1	1	1	NUM
ajfa-716	54	2	nine	nine	NUM
ajfa-716	54	3	criteria	criterion	NOUN
ajfa-716	54	4	(	(	PUNCT
ajfa-716	54	5	rosser	rosser	NOUN
ajfa-716	54	6	and	and	CCONJ
ajfa-716	54	7	rosser	rosser	PROPN
ajfa-716	54	8	,	,	PUNCT
ajfa-716	54	9	2004	2004	NUM
ajfa-716	54	10	):	):	PUNCT
ajfa-716	54	11	the	the	DET
ajfa-716	54	12	level	level	NOUN
ajfa-716	54	13	of	of	ADP
ajfa-716	54	14	output	output	NOUN
ajfa-716	54	15	(	(	PUNCT
ajfa-716	54	16	gdp	gdp	NOUN
ajfa-716	54	17	of	of	ADP
ajfa-716	54	18	an	an	DET
ajfa-716	54	19	economy	economy	NOUN
ajfa-716	54	20	)	)	PUNCT
ajfa-716	54	21	;	;	PUNCT
ajfa-716	54	22	the	the	DET
ajfa-716	54	23	growth	growth	NOUN
ajfa-716	54	24	rate	rate	NOUN
ajfa-716	54	25	of	of	ADP
ajfa-716	54	26	output	output	NOUN
ajfa-716	54	27	,	,	PUNCT
ajfa-716	54	28	adjusted	adjust	VERB
ajfa-716	54	29	for	for	ADP
ajfa-716	54	30	population	population	NOUN
ajfa-716	54	31	growth	growth	NOUN
ajfa-716	54	32	;	;	PUNCT
ajfa-716	54	33	per	per	ADP
ajfa-716	54	34	capita	capita	X
ajfa-716	54	35	gdp	gdp	NOUN
ajfa-716	54	36	;	;	PUNCT
ajfa-716	54	37	composition	composition	NOUN
ajfa-716	54	38	of	of	ADP
ajfa-716	54	39	output	output	NOUN
ajfa-716	54	40	;	;	PUNCT
ajfa-716	54	41	static	static	ADJ
ajfa-716	54	42	and	and	CCONJ
ajfa-716	54	43	dynamic	dynamic	ADJ
ajfa-716	54	44	efficiency	efficiency	NOUN
ajfa-716	54	45	;	;	PUNCT
ajfa-716	54	46	macroeconomic	macroeconomic	ADJ
ajfa-716	54	47	stability	stability	NOUN
ajfa-716	54	48	(	(	PUNCT
ajfa-716	54	49	inflation	inflation	NOUN
ajfa-716	54	50	and	and	CCONJ
ajfa-716	54	51	employment	employment	NOUN
ajfa-716	54	52	)	)	PUNCT
ajfa-716	54	53	;	;	PUNCT
ajfa-716	54	54	economic	economic	ADJ
ajfa-716	54	55	security	security	NOUN
ajfa-716	54	56	of	of	ADP
ajfa-716	54	57	the	the	DET
ajfa-716	54	58	individual	individual	NOUN
ajfa-716	54	59	;	;	PUNCT
ajfa-716	54	60	the	the	DET
ajfa-716	54	61	degree	degree	NOUN
ajfa-716	54	62	of	of	ADP
ajfa-716	54	63	equity	equity	NOUN
ajfa-716	54	64	of	of	ADP
ajfa-716	54	65	the	the	DET
ajfa-716	54	66	income	income	NOUN
ajfa-716	54	67	and	and	CCONJ
ajfa-716	54	68	wealth	wealth	NOUN
ajfa-716	54	69	distributions	distribution	NOUN
ajfa-716	54	70	(	(	PUNCT
ajfa-716	54	71	gini	gini	PROPN
ajfa-716	54	72	index	index	PROPN
ajfa-716	54	73	)	)	PUNCT
ajfa-716	54	74	;	;	PUNCT
ajfa-716	54	75	the	the	DET
ajfa-716	54	76	degree	degree	NOUN
ajfa-716	54	77	of	of	ADP
ajfa-716	54	78	freedom	freedom	NOUN
ajfa-716	54	79	available	available	ADJ
ajfa-716	54	80	to	to	ADP
ajfa-716	54	81	the	the	DET
ajfa-716	54	82	individual	individual	ADJ
ajfa-716	54	83	and	and	CCONJ
ajfa-716	54	84	human	human	ADJ
ajfa-716	54	85	development	development	NOUN
ajfa-716	54	86	index	index	NOUN
ajfa-716	54	87	(	(	PUNCT
ajfa-716	54	88	which	which	PRON
ajfa-716	54	89	is	be	AUX
ajfa-716	54	90	constructed	construct	VERB
ajfa-716	54	91	from	from	ADP
ajfa-716	54	92	real	real	ADJ
ajfa-716	54	93	per	per	ADP
ajfa-716	54	94	capita	capita	NOUN
ajfa-716	54	95	income	income	NOUN
ajfa-716	54	96	,	,	PUNCT
ajfa-716	54	97	life	life	NOUN
ajfa-716	54	98	expectancy	expectancy	NOUN
ajfa-716	54	99	,	,	PUNCT
ajfa-716	54	100	adult	adult	NOUN
ajfa-716	54	101	literacy	literacy	NOUN
ajfa-716	54	102	rates	rate	NOUN
ajfa-716	54	103	,	,	PUNCT
ajfa-716	54	104	and	and	CCONJ
ajfa-716	54	105	education	education	NOUN
ajfa-716	54	106	enrolment	enrolment	NOUN
ajfa-716	54	107	)	)	PUNCT
ajfa-716	54	108	.	.	PUNCT
ajfa-716	55	1	asian	asian	ADJ
ajfa-716	55	2	journal	journal	PROPN
ajfa-716	55	3	of	of	ADP
ajfa-716	55	4	finance	finance	PROPN
ajfa-716	55	5	&	&	CCONJ
ajfa-716	55	6	accounting	accounting	PROPN
ajfa-716	55	7	issn	issn	PROPN
ajfa-716	55	8	1946	1946	NUM
ajfa-716	55	9	-	-	PUNCT
ajfa-716	55	10	052x	052x	NOUN
ajfa-716	55	11	2011	2011	NUM
ajfa-716	55	12	,	,	PUNCT
ajfa-716	55	13	vol	vol	NOUN
ajfa-716	55	14	.	.	PROPN
ajfa-716	56	1	3	3	NUM
ajfa-716	56	2	,	,	PUNCT
ajfa-716	56	3	no	no	INTJ
ajfa-716	56	4	.	.	NOUN
ajfa-716	56	5	1	1	NUM
ajfa-716	56	6	:	:	PUNCT
ajfa-716	56	7	e7	e7	PROPN
ajfa-716	56	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-716	56	9	107	107	NUM
ajfa-716	56	10	corruption	corruption	NOUN
ajfa-716	56	11	is	be	AUX
ajfa-716	56	12	increasingly	increasingly	ADV
ajfa-716	56	13	recognized	recognize	VERB
ajfa-716	56	14	in	in	ADP
ajfa-716	56	15	the	the	DET
ajfa-716	56	16	development	development	NOUN
ajfa-716	56	17	literature	literature	NOUN
ajfa-716	56	18	as	as	ADP
ajfa-716	56	19	a	a	DET
ajfa-716	56	20	major	major	ADJ
ajfa-716	56	21	obstacle	obstacle	NOUN
ajfa-716	56	22	to	to	ADP
ajfa-716	56	23	growth	growth	NOUN
ajfa-716	56	24	and	and	CCONJ
ajfa-716	56	25	development	development	NOUN
ajfa-716	56	26	.	.	PUNCT
ajfa-716	57	1	corruption	corruption	NOUN
ajfa-716	57	2	,	,	PUNCT
ajfa-716	57	3	usually	usually	ADV
ajfa-716	57	4	indicated	indicate	VERB
ajfa-716	57	5	by	by	ADP
ajfa-716	57	6	the	the	DET
ajfa-716	57	7	corruption	corruption	NOUN
ajfa-716	57	8	perception	perception	NOUN
ajfa-716	57	9	index	index	NOUN
ajfa-716	57	10	,	,	PUNCT
ajfa-716	57	11	(	(	PUNCT
ajfa-716	57	12	cpi	cpi	PROPN
ajfa-716	57	13	)	)	PUNCT
ajfa-716	57	14	distorts	distort	VERB
ajfa-716	57	15	the	the	DET
ajfa-716	57	16	allocation	allocation	NOUN
ajfa-716	57	17	of	of	ADP
ajfa-716	57	18	resources	resource	NOUN
ajfa-716	57	19	by	by	ADP
ajfa-716	57	20	channelling	channel	VERB
ajfa-716	57	21	them	they	PRON
ajfa-716	57	22	to	to	ADP
ajfa-716	57	23	inefficient	inefficient	ADJ
ajfa-716	57	24	projects	project	NOUN
ajfa-716	57	25	,	,	PUNCT
ajfa-716	57	26	wastes	waste	VERB
ajfa-716	57	27	scarce	scarce	ADJ
ajfa-716	57	28	societal	societal	ADJ
ajfa-716	57	29	resources	resource	NOUN
ajfa-716	57	30	on	on	ADP
ajfa-716	57	31	the	the	DET
ajfa-716	57	32	unproductive	unproductive	ADJ
ajfa-716	57	33	activity	activity	NOUN
ajfa-716	57	34	of	of	ADP
ajfa-716	57	35	“	"	PUNCT
ajfa-716	57	36	rent	rent	NOUN
ajfa-716	57	37	-	-	PUNCT
ajfa-716	57	38	seeking	seeking	NOUN
ajfa-716	57	39	”	"	PUNCT
ajfa-716	57	40	,	,	PUNCT
ajfa-716	57	41	and	and	CCONJ
ajfa-716	57	42	generally	generally	ADV
ajfa-716	57	43	increases	increase	VERB
ajfa-716	57	44	transaction	transaction	NOUN
ajfa-716	57	45	costs	cost	NOUN
ajfa-716	57	46	.	.	PUNCT
ajfa-716	58	1	although	although	SCONJ
ajfa-716	58	2	there	there	PRON
ajfa-716	58	3	is	be	VERB
ajfa-716	58	4	no	no	DET
ajfa-716	58	5	one	one	NUM
ajfa-716	58	6	-	-	PUNCT
ajfa-716	58	7	to	to	ADP
ajfa-716	58	8	-	-	PUNCT
ajfa-716	58	9	one	one	NUM
ajfa-716	58	10	negative	negative	ADJ
ajfa-716	58	11	correlation	correlation	NOUN
ajfa-716	58	12	between	between	ADP
ajfa-716	58	13	the	the	DET
ajfa-716	58	14	level	level	NOUN
ajfa-716	58	15	of	of	ADP
ajfa-716	58	16	corruption	corruption	NOUN
ajfa-716	58	17	and	and	CCONJ
ajfa-716	58	18	the	the	DET
ajfa-716	58	19	rate	rate	NOUN
ajfa-716	58	20	of	of	ADP
ajfa-716	58	21	economic	economic	ADJ
ajfa-716	58	22	growth	growth	NOUN
ajfa-716	58	23	(	(	PUNCT
ajfa-716	58	24	some	some	DET
ajfa-716	58	25	corrupt	corrupt	ADJ
ajfa-716	58	26	countries	country	NOUN
ajfa-716	58	27	have	have	AUX
ajfa-716	58	28	grown	grow	VERB
ajfa-716	58	29	while	while	SCONJ
ajfa-716	58	30	others	other	NOUN
ajfa-716	58	31	have	have	AUX
ajfa-716	58	32	stagnated	stagnate	VERB
ajfa-716	58	33	)	)	PUNCT
ajfa-716	58	34	,	,	PUNCT
ajfa-716	58	35	a	a	DET
ajfa-716	58	36	strong	strong	ADJ
ajfa-716	58	37	case	case	NOUN
ajfa-716	58	38	can	can	AUX
ajfa-716	58	39	be	be	AUX
ajfa-716	58	40	made	make	VERB
ajfa-716	58	41	that	that	DET
ajfa-716	58	42	growth	growth	NOUN
ajfa-716	58	43	,	,	PUNCT
ajfa-716	58	44	income	income	NOUN
ajfa-716	58	45	levels	level	NOUN
ajfa-716	58	46	and	and	CCONJ
ajfa-716	58	47	income	income	NOUN
ajfa-716	58	48	distribution	distribution	NOUN
ajfa-716	58	49	could	could	AUX
ajfa-716	58	50	have	have	AUX
ajfa-716	58	51	been	be	AUX
ajfa-716	58	52	higher	high	ADJ
ajfa-716	58	53	or	or	CCONJ
ajfa-716	58	54	better	well	ADV
ajfa-716	58	55	with	with	ADP
ajfa-716	58	56	lesser	less	ADJ
ajfa-716	58	57	corruption	corruption	NOUN
ajfa-716	58	58	.	.	PUNCT
ajfa-716	59	1	as	as	ADP
ajfa-716	59	2	economic	economic	ADJ
ajfa-716	59	3	growth	growth	NOUN
ajfa-716	59	4	,	,	PUNCT
ajfa-716	59	5	or	or	CCONJ
ajfa-716	59	6	in	in	ADP
ajfa-716	59	7	other	other	ADJ
ajfa-716	59	8	words	word	NOUN
ajfa-716	59	9	,	,	PUNCT
ajfa-716	59	10	rate	rate	NOUN
ajfa-716	59	11	of	of	ADP
ajfa-716	59	12	increase	increase	NOUN
ajfa-716	59	13	in	in	ADP
ajfa-716	59	14	output	output	NOUN
ajfa-716	59	15	,	,	PUNCT
ajfa-716	59	16	how	how	SCONJ
ajfa-716	59	17	output	output	NOUN
ajfa-716	59	18	is	be	AUX
ajfa-716	59	19	distributed	distribute	VERB
ajfa-716	59	20	among	among	ADP
ajfa-716	59	21	the	the	DET
ajfa-716	59	22	various	various	ADJ
ajfa-716	59	23	income	income	NOUN
ajfa-716	59	24	groups	group	NOUN
ajfa-716	59	25	or	or	CCONJ
ajfa-716	59	26	classes	class	NOUN
ajfa-716	59	27	is	be	AUX
ajfa-716	59	28	also	also	ADV
ajfa-716	59	29	important	important	ADJ
ajfa-716	59	30	.	.	PUNCT
ajfa-716	60	1	most	most	ADJ
ajfa-716	60	2	countries	country	NOUN
ajfa-716	60	3	have	have	VERB
ajfa-716	60	4	as	as	ADP
ajfa-716	60	5	their	their	PRON
ajfa-716	60	6	stated	state	VERB
ajfa-716	60	7	objective	objective	NOUN
ajfa-716	60	8	an	an	DET
ajfa-716	60	9	equitable	equitable	ADJ
ajfa-716	60	10	distribution	distribution	NOUN
ajfa-716	60	11	of	of	ADP
ajfa-716	60	12	income	income	NOUN
ajfa-716	60	13	,	,	PUNCT
ajfa-716	60	14	which	which	PRON
ajfa-716	60	15	is	be	AUX
ajfa-716	60	16	usually	usually	ADV
ajfa-716	60	17	measured	measure	VERB
ajfa-716	60	18	by	by	ADP
ajfa-716	60	19	the	the	DET
ajfa-716	60	20	gini	gini	PROPN
ajfa-716	60	21	index	index	PROPN
ajfa-716	60	22	.	.	PUNCT
ajfa-716	61	1	policymakers	policymaker	NOUN
ajfa-716	61	2	of	of	ADP
ajfa-716	61	3	developing	develop	VERB
ajfa-716	61	4	countries	country	NOUN
ajfa-716	61	5	are	be	AUX
ajfa-716	61	6	acutely	acutely	ADV
ajfa-716	61	7	aware	aware	ADJ
ajfa-716	61	8	of	of	ADP
ajfa-716	61	9	“	"	PUNCT
ajfa-716	61	10	kuznets	kuznet	NOUN
ajfa-716	61	11	’	'	PUNCT
ajfa-716	61	12	inverted	invert	VERB
ajfa-716	61	13	u	u	ADJ
ajfa-716	61	14	-	-	ADJ
ajfa-716	61	15	shaped	shape	VERB
ajfa-716	61	16	curve	curve	NOUN
ajfa-716	61	17	”	"	PUNCT
ajfa-716	61	18	,	,	PUNCT
ajfa-716	61	19	according	accord	VERB
ajfa-716	61	20	to	to	ADP
ajfa-716	61	21	which	which	PRON
ajfa-716	61	22	income	income	NOUN
ajfa-716	61	23	distribution	distribution	NOUN
ajfa-716	61	24	worsens	worsen	VERB
ajfa-716	61	25	during	during	ADP
ajfa-716	61	26	the	the	DET
ajfa-716	61	27	early	early	ADJ
ajfa-716	61	28	stages	stage	NOUN
ajfa-716	61	29	of	of	ADP
ajfa-716	61	30	industrialization	industrialization	NOUN
ajfa-716	61	31	,	,	PUNCT
ajfa-716	61	32	and	and	CCONJ
ajfa-716	61	33	are	be	AUX
ajfa-716	61	34	determined	determine	VERB
ajfa-716	61	35	to	to	PART
ajfa-716	61	36	escape	escape	VERB
ajfa-716	61	37	the	the	DET
ajfa-716	61	38	operation	operation	NOUN
ajfa-716	61	39	of	of	ADP
ajfa-716	61	40	this	this	DET
ajfa-716	61	41	“	"	PUNCT
ajfa-716	61	42	iron	iron	NOUN
ajfa-716	61	43	law	law	NOUN
ajfa-716	61	44	”	"	PUNCT
ajfa-716	61	45	.	.	PUNCT
ajfa-716	62	1	some	some	DET
ajfa-716	62	2	countries	country	NOUN
ajfa-716	62	3	have	have	AUX
ajfa-716	62	4	been	be	AUX
ajfa-716	62	5	more	more	ADV
ajfa-716	62	6	successful	successful	ADJ
ajfa-716	62	7	than	than	ADP
ajfa-716	62	8	others	other	NOUN
ajfa-716	62	9	in	in	ADP
ajfa-716	62	10	escaping	escape	VERB
ajfa-716	62	11	kuznets	kuznet	NOUN
ajfa-716	62	12	’	'	PUNCT
ajfa-716	62	13	curve	curve	NOUN
ajfa-716	62	14	and	and	CCONJ
ajfa-716	62	15	among	among	ADP
ajfa-716	62	16	the	the	DET
ajfa-716	62	17	more	more	ADV
ajfa-716	62	18	successful	successful	ADJ
ajfa-716	62	19	ones	one	NOUN
ajfa-716	62	20	have	have	AUX
ajfa-716	62	21	been	be	AUX
ajfa-716	62	22	the	the	DET
ajfa-716	62	23	east	east	ADJ
ajfa-716	62	24	asian	asian	ADJ
ajfa-716	62	25	“	"	PUNCT
ajfa-716	62	26	tigers	tiger	NOUN
ajfa-716	62	27	”	"	PUNCT
ajfa-716	62	28	,	,	PUNCT
ajfa-716	62	29	in	in	ADP
ajfa-716	62	30	which	which	PRON
ajfa-716	62	31	rapid	rapid	ADJ
ajfa-716	62	32	economic	economic	ADJ
ajfa-716	62	33	growth	growth	NOUN
ajfa-716	62	34	has	have	AUX
ajfa-716	62	35	come	come	VERB
ajfa-716	62	36	hand	hand	NOUN
ajfa-716	62	37	-	-	PUNCT
ajfa-716	62	38	in	in	ADP
ajfa-716	62	39	-	-	PUNCT
ajfa-716	62	40	hand	hand	NOUN
ajfa-716	62	41	with	with	ADP
ajfa-716	62	42	a	a	DET
ajfa-716	62	43	relatively	relatively	ADV
ajfa-716	62	44	equitable	equitable	ADJ
ajfa-716	62	45	distribution	distribution	NOUN
ajfa-716	62	46	of	of	ADP
ajfa-716	62	47	income	income	NOUN
ajfa-716	62	48	.	.	PUNCT
ajfa-716	63	1	most	most	ADJ
ajfa-716	63	2	countries	country	NOUN
ajfa-716	63	3	have	have	AUX
ajfa-716	63	4	not	not	PART
ajfa-716	63	5	,	,	PUNCT
ajfa-716	63	6	however	however	ADV
ajfa-716	63	7	,	,	PUNCT
ajfa-716	63	8	been	be	AUX
ajfa-716	63	9	so	so	ADV
ajfa-716	63	10	fortunate	fortunate	ADJ
ajfa-716	63	11	.	.	PUNCT
ajfa-716	64	1	stability	stability	NOUN
ajfa-716	64	2	refers	refer	VERB
ajfa-716	64	3	to	to	ADP
ajfa-716	64	4	macro	macro	ADJ
ajfa-716	64	5	-	-	ADJ
ajfa-716	64	6	economic	economic	ADJ
ajfa-716	64	7	stability	stability	NOUN
ajfa-716	64	8	,	,	PUNCT
ajfa-716	64	9	which	which	PRON
ajfa-716	64	10	is	be	AUX
ajfa-716	64	11	usually	usually	ADV
ajfa-716	64	12	indicated	indicate	VERB
ajfa-716	64	13	by	by	ADP
ajfa-716	64	14	low	low	ADJ
ajfa-716	64	15	inflation	inflation	NOUN
ajfa-716	64	16	and	and	CCONJ
ajfa-716	64	17	interest	interest	NOUN
ajfa-716	64	18	rates	rate	NOUN
ajfa-716	64	19	,	,	PUNCT
ajfa-716	64	20	low	low	ADJ
ajfa-716	64	21	levels	level	NOUN
ajfa-716	64	22	of	of	ADP
ajfa-716	64	23	unemployment	unemployment	NOUN
ajfa-716	64	24	and	and	CCONJ
ajfa-716	64	25	underemployment	underemployment	ADJ
ajfa-716	64	26	,	,	PUNCT
ajfa-716	64	27	a	a	DET
ajfa-716	64	28	balanced	balanced	ADJ
ajfa-716	64	29	budget	budget	NOUN
ajfa-716	64	30	,	,	PUNCT
ajfa-716	64	31	and	and	CCONJ
ajfa-716	64	32	other	other	ADJ
ajfa-716	64	33	“	"	PUNCT
ajfa-716	64	34	fundamentals	fundamental	NOUN
ajfa-716	64	35	”	"	PUNCT
ajfa-716	64	36	of	of	ADP
ajfa-716	64	37	good	good	ADJ
ajfa-716	64	38	economic	economic	ADJ
ajfa-716	64	39	housekeeping	housekeeping	NOUN
ajfa-716	64	40	.	.	PUNCT
ajfa-716	65	1	these	these	PRON
ajfa-716	65	2	are	be	AUX
ajfa-716	65	3	important	important	ADJ
ajfa-716	65	4	not	not	PART
ajfa-716	65	5	only	only	ADV
ajfa-716	65	6	in	in	ADP
ajfa-716	65	7	and	and	CCONJ
ajfa-716	65	8	of	of	ADP
ajfa-716	65	9	themselves	themselves	PRON
ajfa-716	65	10	,	,	PUNCT
ajfa-716	65	11	but	but	CCONJ
ajfa-716	65	12	also	also	ADV
ajfa-716	65	13	in	in	ADP
ajfa-716	65	14	providing	provide	VERB
ajfa-716	65	15	a	a	DET
ajfa-716	65	16	conducive	conducive	ADJ
ajfa-716	65	17	environment	environment	NOUN
ajfa-716	65	18	for	for	ADP
ajfa-716	65	19	business	business	NOUN
ajfa-716	65	20	.	.	PUNCT
ajfa-716	66	1	broadly	broadly	ADV
ajfa-716	66	2	defined	define	VERB
ajfa-716	66	3	,	,	PUNCT
ajfa-716	66	4	stability	stability	NOUN
ajfa-716	66	5	can	can	AUX
ajfa-716	66	6	include	include	VERB
ajfa-716	66	7	political	political	ADJ
ajfa-716	66	8	stability	stability	NOUN
ajfa-716	66	9	in	in	ADP
ajfa-716	66	10	the	the	DET
ajfa-716	66	11	sense	sense	NOUN
ajfa-716	66	12	of	of	ADP
ajfa-716	66	13	peaceful	peaceful	ADJ
ajfa-716	66	14	handover	handover	NOUN
ajfa-716	66	15	of	of	ADP
ajfa-716	66	16	power	power	NOUN
ajfa-716	66	17	,	,	PUNCT
ajfa-716	66	18	and	and	CCONJ
ajfa-716	66	19	policy	policy	NOUN
ajfa-716	66	20	continuity	continuity	NOUN
ajfa-716	66	21	.	.	PUNCT
ajfa-716	67	1	abrupt	abrupt	ADJ
ajfa-716	67	2	policy	policy	NOUN
ajfa-716	67	3	reversals	reversal	NOUN
ajfa-716	67	4	or	or	CCONJ
ajfa-716	67	5	changes	change	NOUN
ajfa-716	67	6	in	in	ADP
ajfa-716	67	7	the	the	DET
ajfa-716	67	8	“	"	PUNCT
ajfa-716	67	9	rules	rule	NOUN
ajfa-716	67	10	of	of	ADP
ajfa-716	67	11	the	the	DET
ajfa-716	67	12	game	game	NOUN
ajfa-716	67	13	”	"	PUNCT
ajfa-716	67	14	such	such	ADJ
ajfa-716	67	15	as	as	ADP
ajfa-716	67	16	a	a	DET
ajfa-716	67	17	decision	decision	NOUN
ajfa-716	67	18	of	of	ADP
ajfa-716	67	19	a	a	DET
ajfa-716	67	20	new	new	ADJ
ajfa-716	67	21	government	government	NOUN
ajfa-716	67	22	to	to	PART
ajfa-716	67	23	cancel	cancel	VERB
ajfa-716	67	24	all	all	DET
ajfa-716	67	25	the	the	DET
ajfa-716	67	26	contracts	contract	NOUN
ajfa-716	67	27	entered	enter	VERB
ajfa-716	67	28	into	into	ADP
ajfa-716	67	29	by	by	ADP
ajfa-716	67	30	the	the	DET
ajfa-716	67	31	previous	previous	ADJ
ajfa-716	67	32	government	government	NOUN
ajfa-716	67	33	would	would	AUX
ajfa-716	67	34	hinder	hinder	VERB
ajfa-716	67	35	the	the	DET
ajfa-716	67	36	expected	expect	VERB
ajfa-716	67	37	stability	stability	NOUN
ajfa-716	67	38	of	of	ADP
ajfa-716	67	39	the	the	DET
ajfa-716	67	40	economy	economy	NOUN
ajfa-716	67	41	.	.	PUNCT
ajfa-716	68	1	viability	viability	NOUN
ajfa-716	68	2	is	be	AUX
ajfa-716	68	3	,	,	PUNCT
ajfa-716	68	4	in	in	ADP
ajfa-716	68	5	our	our	PRON
ajfa-716	68	6	view	view	NOUN
ajfa-716	68	7	,	,	PUNCT
ajfa-716	68	8	more	more	ADJ
ajfa-716	68	9	or	or	CCONJ
ajfa-716	68	10	less	less	ADV
ajfa-716	68	11	the	the	DET
ajfa-716	68	12	same	same	ADJ
ajfa-716	68	13	as	as	ADP
ajfa-716	68	14	sustainability	sustainability	NOUN
ajfa-716	68	15	,	,	PUNCT
ajfa-716	68	16	defined	define	VERB
ajfa-716	68	17	,	,	PUNCT
ajfa-716	68	18	as	as	ADP
ajfa-716	68	19	in	in	ADP
ajfa-716	68	20	environmental	environmental	ADJ
ajfa-716	68	21	economics	economic	NOUN
ajfa-716	68	22	,	,	PUNCT
ajfa-716	68	23	as	as	ADP
ajfa-716	68	24	leaving	leave	VERB
ajfa-716	68	25	the	the	DET
ajfa-716	68	26	future	future	ADJ
ajfa-716	68	27	generations	generation	NOUN
ajfa-716	68	28	at	at	ADV
ajfa-716	68	29	least	least	ADJ
ajfa-716	68	30	as	as	ADV
ajfa-716	68	31	well	well	ADV
ajfa-716	68	32	off	off	ADV
ajfa-716	68	33	as	as	ADP
ajfa-716	68	34	the	the	DET
ajfa-716	68	35	present	present	ADJ
ajfa-716	68	36	generation	generation	NOUN
ajfa-716	68	37	.	.	PUNCT
ajfa-716	69	1	it	it	PRON
ajfa-716	69	2	means	mean	VERB
ajfa-716	69	3	not	not	PART
ajfa-716	69	4	depleting	deplete	VERB
ajfa-716	69	5	the	the	DET
ajfa-716	69	6	capital	capital	NOUN
ajfa-716	69	7	stock	stock	NOUN
ajfa-716	69	8	but	but	CCONJ
ajfa-716	69	9	maintaining	maintain	VERB
ajfa-716	69	10	it	it	PRON
ajfa-716	69	11	or	or	CCONJ
ajfa-716	69	12	even	even	ADV
ajfa-716	69	13	adding	add	VERB
ajfa-716	69	14	to	to	ADP
ajfa-716	69	15	it	it	PRON
ajfa-716	69	16	.	.	PUNCT
ajfa-716	70	1	it	it	PRON
ajfa-716	70	2	also	also	ADV
ajfa-716	70	3	means	mean	VERB
ajfa-716	70	4	not	not	PART
ajfa-716	70	5	saddling	saddle	VERB
ajfa-716	70	6	future	future	ADJ
ajfa-716	70	7	generations	generation	NOUN
ajfa-716	70	8	with	with	ADP
ajfa-716	70	9	unsustainable	unsustainable	ADJ
ajfa-716	70	10	deficits	deficit	NOUN
ajfa-716	70	11	and	and	CCONJ
ajfa-716	70	12	debt	debt	NOUN
ajfa-716	70	13	burdens	burden	NOUN
ajfa-716	70	14	.	.	PUNCT
ajfa-716	71	1	an	an	DET
ajfa-716	71	2	increasingly	increasingly	ADV
ajfa-716	71	3	important	important	ADJ
ajfa-716	71	4	measure	measure	NOUN
ajfa-716	71	5	that	that	PRON
ajfa-716	71	6	captures	capture	VERB
ajfa-716	71	7	many	many	ADJ
ajfa-716	71	8	of	of	ADP
ajfa-716	71	9	the	the	DET
ajfa-716	71	10	foregoing	foregoing	NOUN
ajfa-716	71	11	and	and	CCONJ
ajfa-716	71	12	focuses	focus	VERB
ajfa-716	71	13	more	more	ADJ
ajfa-716	71	14	on	on	ADP
ajfa-716	71	15	the	the	DET
ajfa-716	71	16	human	human	ADJ
ajfa-716	71	17	aspect	aspect	NOUN
ajfa-716	71	18	is	be	AUX
ajfa-716	71	19	the	the	DET
ajfa-716	71	20	human	human	PROPN
ajfa-716	71	21	development	development	NOUN
ajfa-716	71	22	index	index	NOUN
ajfa-716	71	23	(	(	PUNCT
ajfa-716	71	24	hdi	hdi	PROPN
ajfa-716	71	25	)	)	PUNCT
ajfa-716	71	26	.	.	PUNCT
ajfa-716	72	1	hdi	hdi	PROPN
ajfa-716	72	2	encompasses	encompass	VERB
ajfa-716	72	3	indicators	indicator	NOUN
ajfa-716	72	4	of	of	ADP
ajfa-716	72	5	well	well	ADV
ajfa-716	72	6	-	-	PUNCT
ajfa-716	72	7	being	be	AUX
ajfa-716	72	8	such	such	ADJ
ajfa-716	72	9	as	as	ADP
ajfa-716	72	10	health	health	NOUN
ajfa-716	72	11	,	,	PUNCT
ajfa-716	72	12	nutrition	nutrition	NOUN
ajfa-716	72	13	,	,	PUNCT
ajfa-716	72	14	infant	infant	NOUN
ajfa-716	72	15	and	and	CCONJ
ajfa-716	72	16	maternal	maternal	ADJ
ajfa-716	72	17	mortality	mortality	NOUN
ajfa-716	72	18	,	,	PUNCT
ajfa-716	72	19	education	education	NOUN
ajfa-716	72	20	,	,	PUNCT
ajfa-716	72	21	environment	environment	NOUN
ajfa-716	72	22	,	,	PUNCT
ajfa-716	72	23	security	security	NOUN
ajfa-716	72	24	and	and	CCONJ
ajfa-716	72	25	other	other	ADJ
ajfa-716	72	26	factors	factor	NOUN
ajfa-716	72	27	that	that	PRON
ajfa-716	72	28	positively	positively	ADV
ajfa-716	72	29	contribute	contribute	VERB
ajfa-716	72	30	to	to	ADP
ajfa-716	72	31	the	the	DET
ajfa-716	72	32	realization	realization	NOUN
ajfa-716	72	33	of	of	ADP
ajfa-716	72	34	the	the	DET
ajfa-716	72	35	full	full	ADJ
ajfa-716	72	36	human	human	ADJ
ajfa-716	72	37	potential	potential	NOUN
ajfa-716	72	38	.	.	PUNCT
ajfa-716	73	1	hdi	hdi	PROPN
ajfa-716	73	2	correlates	correlate	VERB
ajfa-716	73	3	well	well	ADV
ajfa-716	73	4	with	with	ADP
ajfa-716	73	5	levels	level	NOUN
ajfa-716	73	6	of	of	ADP
ajfa-716	73	7	per	per	ADP
ajfa-716	73	8	capita	capita	NOUN
ajfa-716	73	9	income	income	NOUN
ajfa-716	73	10	.	.	PUNCT
ajfa-716	74	1	although	although	SCONJ
ajfa-716	74	2	countries	country	NOUN
ajfa-716	74	3	with	with	ADP
ajfa-716	74	4	high	high	ADJ
ajfa-716	74	5	levels	level	NOUN
ajfa-716	74	6	of	of	ADP
ajfa-716	74	7	per	per	ADP
ajfa-716	74	8	capita	capita	X
ajfa-716	74	9	income	income	NOUN
ajfa-716	74	10	score	score	NOUN
ajfa-716	74	11	or	or	CCONJ
ajfa-716	74	12	rank	rank	VERB
ajfa-716	74	13	high	high	ADV
ajfa-716	74	14	in	in	ADP
ajfa-716	74	15	hdi	hdi	PROPN
ajfa-716	74	16	,	,	PUNCT
ajfa-716	74	17	the	the	DET
ajfa-716	74	18	correlation	correlation	NOUN
ajfa-716	74	19	would	would	AUX
ajfa-716	74	20	not	not	PART
ajfa-716	74	21	be	be	AUX
ajfa-716	74	22	perfect	perfect	ADJ
ajfa-716	74	23	(	(	PUNCT
ajfa-716	74	24	gregory	gregory	PROPN
ajfa-716	74	25	and	and	CCONJ
ajfa-716	74	26	stuart	stuart	PROPN
ajfa-716	74	27	,	,	PUNCT
ajfa-716	74	28	2004	2004	NUM
ajfa-716	74	29	)	)	PUNCT
ajfa-716	74	30	.	.	PUNCT
ajfa-716	75	1	alvan	alvan	NOUN
ajfa-716	75	2	(	(	PUNCT
ajfa-716	75	3	2009	2009	NUM
ajfa-716	75	4	)	)	PUNCT
ajfa-716	75	5	has	have	AUX
ajfa-716	75	6	conducted	conduct	VERB
ajfa-716	75	7	an	an	DET
ajfa-716	75	8	empirical	empirical	ADJ
ajfa-716	75	9	test	test	NOUN
ajfa-716	75	10	using	use	VERB
ajfa-716	75	11	90	90	NUM
ajfa-716	75	12	countries	country	NOUN
ajfa-716	75	13	including	include	VERB
ajfa-716	75	14	both	both	CCONJ
ajfa-716	75	15	developing	develop	VERB
ajfa-716	75	16	and	and	CCONJ
ajfa-716	75	17	developed	develop	VERB
ajfa-716	75	18	nations	nation	NOUN
ajfa-716	75	19	which	which	PRON
ajfa-716	75	20	confirmed	confirm	VERB
ajfa-716	75	21	a	a	DET
ajfa-716	75	22	negative	negative	ADJ
ajfa-716	75	23	correlation	correlation	NOUN
ajfa-716	75	24	between	between	ADP
ajfa-716	75	25	high	high	ADJ
ajfa-716	75	26	hdi	hdi	PROPN
ajfa-716	75	27	and	and	CCONJ
ajfa-716	75	28	income	income	NOUN
ajfa-716	75	29	inequality	inequality	NOUN
ajfa-716	75	30	as	as	ADV
ajfa-716	75	31	well	well	ADV
ajfa-716	75	32	as	as	ADP
ajfa-716	75	33	a	a	DET
ajfa-716	75	34	positive	positive	ADJ
ajfa-716	75	35	correlation	correlation	NOUN
ajfa-716	75	36	between	between	ADP
ajfa-716	75	37	medium	medium	ADJ
ajfa-716	75	38	and	and	CCONJ
ajfa-716	75	39	low	low	ADJ
ajfa-716	75	40	levels	level	NOUN
ajfa-716	75	41	of	of	ADP
ajfa-716	75	42	hdi	hdi	PROPN
ajfa-716	75	43	and	and	CCONJ
ajfa-716	75	44	income	income	NOUN
ajfa-716	75	45	inequality	inequality	NOUN
ajfa-716	75	46	.	.	PUNCT
ajfa-716	76	1	assessing	assess	VERB
ajfa-716	76	2	how	how	SCONJ
ajfa-716	76	3	hdi	hdi	PROPN
ajfa-716	76	4	correlate	correlate	VERB
ajfa-716	76	5	with	with	ADP
ajfa-716	76	6	market	market	NOUN
ajfa-716	76	7	performance	performance	NOUN
ajfa-716	76	8	is	be	AUX
ajfa-716	76	9	a	a	DET
ajfa-716	76	10	matter	matter	NOUN
ajfa-716	76	11	we	we	PRON
ajfa-716	76	12	investigate	investigate	VERB
ajfa-716	76	13	in	in	ADP
ajfa-716	76	14	this	this	DET
ajfa-716	76	15	paper	paper	NOUN
ajfa-716	76	16	.	.	PUNCT
ajfa-716	77	1	asian	asian	ADJ
ajfa-716	77	2	journal	journal	PROPN
ajfa-716	77	3	of	of	ADP
ajfa-716	77	4	finance	finance	PROPN
ajfa-716	77	5	&	&	CCONJ
ajfa-716	77	6	accounting	accounting	PROPN
ajfa-716	77	7	issn	issn	PROPN
ajfa-716	77	8	1946	1946	NUM
ajfa-716	77	9	-	-	PUNCT
ajfa-716	77	10	052x	052x	NOUN
ajfa-716	77	11	2011	2011	NUM
ajfa-716	77	12	,	,	PUNCT
ajfa-716	77	13	vol	vol	NOUN
ajfa-716	77	14	.	.	PROPN
ajfa-716	78	1	3	3	NUM
ajfa-716	78	2	,	,	PUNCT
ajfa-716	78	3	no	no	INTJ
ajfa-716	78	4	.	.	NOUN
ajfa-716	78	5	1	1	NUM
ajfa-716	78	6	:	:	PUNCT
ajfa-716	78	7	e7	e7	PROPN
ajfa-716	78	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-716	78	9	108	108	NUM
ajfa-716	78	10	when	when	SCONJ
ajfa-716	78	11	we	we	PRON
ajfa-716	78	12	relate	relate	VERB
ajfa-716	78	13	stock	stock	NOUN
ajfa-716	78	14	market	market	NOUN
ajfa-716	78	15	performance	performance	NOUN
ajfa-716	78	16	to	to	PART
ajfa-716	78	17	socio	socio	VERB
ajfa-716	78	18	-	-	PUNCT
ajfa-716	78	19	economic	economic	ADJ
ajfa-716	78	20	performance	performance	NOUN
ajfa-716	78	21	,	,	PUNCT
ajfa-716	78	22	we	we	PRON
ajfa-716	78	23	refer	refer	VERB
ajfa-716	78	24	primarily	primarily	ADV
ajfa-716	78	25	to	to	ADP
ajfa-716	78	26	the	the	DET
ajfa-716	78	27	foregoing	forego	VERB
ajfa-716	78	28	criteria	criterion	NOUN
ajfa-716	78	29	by	by	ADP
ajfa-716	78	30	gregory	gregory	PROPN
ajfa-716	78	31	and	and	CCONJ
ajfa-716	78	32	stuart	stuart	PROPN
ajfa-716	78	33	(	(	PUNCT
ajfa-716	78	34	2004	2004	NUM
ajfa-716	78	35	)	)	PUNCT
ajfa-716	78	36	.	.	PUNCT
ajfa-716	79	1	several	several	ADJ
ajfa-716	79	2	previous	previous	ADJ
ajfa-716	79	3	studies	study	NOUN
ajfa-716	79	4	have	have	AUX
ajfa-716	79	5	linked	link	VERB
ajfa-716	79	6	macro	macro	ADJ
ajfa-716	79	7	-	-	ADJ
ajfa-716	79	8	economic	economic	ADJ
ajfa-716	79	9	and	and	CCONJ
ajfa-716	79	10	stock	stock	NOUN
ajfa-716	79	11	prices	price	NOUN
ajfa-716	79	12	for	for	ADP
ajfa-716	79	13	evaluating	evaluate	VERB
ajfa-716	79	14	developing	develop	VERB
ajfa-716	79	15	countries	country	NOUN
ajfa-716	79	16	’	'	PUNCT
ajfa-716	79	17	performance	performance	NOUN
ajfa-716	79	18	.	.	PUNCT
ajfa-716	80	1	for	for	ADP
ajfa-716	80	2	example	example	NOUN
ajfa-716	80	3	,	,	PUNCT
ajfa-716	80	4	the	the	DET
ajfa-716	80	5	results	result	NOUN
ajfa-716	80	6	of	of	ADP
ajfa-716	80	7	a	a	DET
ajfa-716	80	8	previous	previous	ADJ
ajfa-716	80	9	research	research	NOUN
ajfa-716	80	10	by	by	ADP
ajfa-716	80	11	pilinkus	pilinkus	PROPN
ajfa-716	80	12	(	(	PUNCT
ajfa-716	80	13	2009	2009	NUM
ajfa-716	80	14	)	)	PUNCT
ajfa-716	80	15	on	on	ADP
ajfa-716	80	16	lithuanian	lithuanian	ADJ
ajfa-716	80	17	stock	stock	NOUN
ajfa-716	80	18	market	market	NOUN
ajfa-716	80	19	support	support	VERB
ajfa-716	80	20	the	the	DET
ajfa-716	80	21	hypothesised	hypothesised	ADJ
ajfa-716	80	22	association	association	NOUN
ajfa-716	80	23	between	between	ADP
ajfa-716	80	24	changes	change	NOUN
ajfa-716	80	25	in	in	ADP
ajfa-716	80	26	the	the	DET
ajfa-716	80	27	stock	stock	NOUN
ajfa-716	80	28	prices	price	NOUN
ajfa-716	80	29	and	and	CCONJ
ajfa-716	80	30	measures	measure	NOUN
ajfa-716	80	31	of	of	ADP
ajfa-716	80	32	real	real	ADJ
ajfa-716	80	33	economic	economic	ADJ
ajfa-716	80	34	activity	activity	NOUN
ajfa-716	80	35	.	.	PUNCT
ajfa-716	81	1	for	for	ADP
ajfa-716	81	2	instance	instance	NOUN
ajfa-716	81	3	,	,	PUNCT
ajfa-716	81	4	the	the	DET
ajfa-716	81	5	mobilization	mobilization	NOUN
ajfa-716	81	6	of	of	ADP
ajfa-716	81	7	domestic	domestic	ADJ
ajfa-716	81	8	savings	saving	NOUN
ajfa-716	81	9	through	through	ADP
ajfa-716	81	10	the	the	DET
ajfa-716	81	11	stock	stock	NOUN
ajfa-716	81	12	market	market	NOUN
ajfa-716	81	13	assists	assist	NOUN
ajfa-716	81	14	in	in	ADP
ajfa-716	81	15	capital	capital	NOUN
ajfa-716	81	16	formation	formation	NOUN
ajfa-716	81	17	,	,	PUNCT
ajfa-716	81	18	which	which	PRON
ajfa-716	81	19	is	be	AUX
ajfa-716	81	20	essential	essential	ADJ
ajfa-716	81	21	to	to	ADP
ajfa-716	81	22	a	a	DET
ajfa-716	81	23	country	country	NOUN
ajfa-716	81	24	’s	’s	PART
ajfa-716	81	25	economic	economic	ADJ
ajfa-716	81	26	growth	growth	NOUN
ajfa-716	81	27	.	.	PUNCT
ajfa-716	82	1	rapid	rapid	ADJ
ajfa-716	82	2	growth	growth	NOUN
ajfa-716	82	3	attracts	attract	VERB
ajfa-716	82	4	investment	investment	NOUN
ajfa-716	82	5	,	,	PUNCT
ajfa-716	82	6	which	which	PRON
ajfa-716	82	7	enhances	enhance	VERB
ajfa-716	82	8	stock	stock	NOUN
ajfa-716	82	9	market	market	NOUN
ajfa-716	82	10	performance	performance	NOUN
ajfa-716	82	11	,	,	PUNCT
ajfa-716	82	12	which	which	PRON
ajfa-716	82	13	in	in	ADP
ajfa-716	82	14	turn	turn	NOUN
ajfa-716	82	15	fuels	fuel	VERB
ajfa-716	82	16	further	further	ADJ
ajfa-716	82	17	growth	growth	NOUN
ajfa-716	82	18	,	,	PUNCT
ajfa-716	82	19	and	and	CCONJ
ajfa-716	82	20	so	so	ADV
ajfa-716	82	21	on	on	ADV
ajfa-716	82	22	,	,	PUNCT
ajfa-716	82	23	in	in	ADP
ajfa-716	82	24	a	a	DET
ajfa-716	82	25	virtuous	virtuous	ADJ
ajfa-716	82	26	upward	upward	ADJ
ajfa-716	82	27	spiral	spiral	NOUN
ajfa-716	82	28	.	.	PUNCT
ajfa-716	83	1	the	the	DET
ajfa-716	83	2	converse	converse	NOUN
ajfa-716	83	3	is	be	AUX
ajfa-716	83	4	,	,	PUNCT
ajfa-716	83	5	of	of	ADP
ajfa-716	83	6	course	course	NOUN
ajfa-716	83	7	,	,	PUNCT
ajfa-716	83	8	also	also	ADV
ajfa-716	83	9	possible	possible	ADJ
ajfa-716	83	10	.	.	PUNCT
ajfa-716	84	1	if	if	SCONJ
ajfa-716	84	2	,	,	PUNCT
ajfa-716	84	3	for	for	ADP
ajfa-716	84	4	whatever	whatever	DET
ajfa-716	84	5	reason	reason	NOUN
ajfa-716	84	6	(	(	PUNCT
ajfa-716	84	7	lack	lack	NOUN
ajfa-716	84	8	of	of	ADP
ajfa-716	84	9	confidence	confidence	NOUN
ajfa-716	84	10	usually	usually	ADV
ajfa-716	84	11	being	be	AUX
ajfa-716	84	12	one	one	NUM
ajfa-716	84	13	)	)	PUNCT
ajfa-716	84	14	,	,	PUNCT
ajfa-716	84	15	investments	investment	NOUN
ajfa-716	84	16	are	be	AUX
ajfa-716	84	17	withdrawn	withdraw	VERB
ajfa-716	84	18	by	by	ADP
ajfa-716	84	19	the	the	DET
ajfa-716	84	20	domestic	domestic	ADJ
ajfa-716	84	21	or	or	CCONJ
ajfa-716	84	22	foreign	foreign	ADJ
ajfa-716	84	23	investors	investor	NOUN
ajfa-716	84	24	,	,	PUNCT
ajfa-716	84	25	this	this	PRON
ajfa-716	84	26	will	will	AUX
ajfa-716	84	27	result	result	VERB
ajfa-716	84	28	in	in	ADP
ajfa-716	84	29	lower	low	ADJ
ajfa-716	84	30	stock	stock	NOUN
ajfa-716	84	31	market	market	NOUN
ajfa-716	84	32	performance	performance	NOUN
ajfa-716	84	33	,	,	PUNCT
ajfa-716	84	34	which	which	PRON
ajfa-716	84	35	will	will	AUX
ajfa-716	84	36	in	in	ADP
ajfa-716	84	37	turn	turn	NOUN
ajfa-716	84	38	lead	lead	VERB
ajfa-716	84	39	to	to	ADP
ajfa-716	84	40	lower	low	ADJ
ajfa-716	84	41	growth	growth	NOUN
ajfa-716	84	42	prospects	prospect	NOUN
ajfa-716	84	43	or	or	CCONJ
ajfa-716	84	44	performance	performance	NOUN
ajfa-716	84	45	,	,	PUNCT
ajfa-716	84	46	and	and	CCONJ
ajfa-716	84	47	so	so	ADV
ajfa-716	84	48	on	on	ADV
ajfa-716	84	49	,	,	PUNCT
ajfa-716	84	50	in	in	ADP
ajfa-716	84	51	a	a	DET
ajfa-716	84	52	downward	downward	ADJ
ajfa-716	84	53	spiral	spiral	NOUN
ajfa-716	84	54	.	.	PUNCT
ajfa-716	85	1	using	use	VERB
ajfa-716	85	2	daily	daily	ADJ
ajfa-716	85	3	returns	return	NOUN
ajfa-716	85	4	from	from	ADP
ajfa-716	85	5	1988	1988	NUM
ajfa-716	85	6	to	to	ADP
ajfa-716	85	7	1998	1998	NUM
ajfa-716	85	8	,	,	PUNCT
ajfa-716	85	9	johnson	johnson	PROPN
ajfa-716	85	10	and	and	CCONJ
ajfa-716	85	11	soenen	soenen	PROPN
ajfa-716	85	12	(	(	PUNCT
ajfa-716	85	13	2002	2002	NUM
ajfa-716	85	14	)	)	PUNCT
ajfa-716	85	15	investigated	investigate	VERB
ajfa-716	85	16	the	the	DET
ajfa-716	85	17	degree	degree	NOUN
ajfa-716	85	18	of	of	ADP
ajfa-716	85	19	integration	integration	NOUN
ajfa-716	85	20	between	between	ADP
ajfa-716	85	21	japan	japan	PROPN
ajfa-716	85	22	’s	’s	PART
ajfa-716	85	23	equity	equity	NOUN
ajfa-716	85	24	market	market	NOUN
ajfa-716	85	25	and	and	CCONJ
ajfa-716	85	26	the	the	DET
ajfa-716	85	27	equity	equity	NOUN
ajfa-716	85	28	markets	market	NOUN
ajfa-716	85	29	of	of	ADP
ajfa-716	85	30	twelve	twelve	NUM
ajfa-716	85	31	asian	asian	ADJ
ajfa-716	85	32	countries	country	NOUN
ajfa-716	85	33	.	.	PUNCT
ajfa-716	86	1	the	the	DET
ajfa-716	86	2	results	result	NOUN
ajfa-716	86	3	indicated	indicate	VERB
ajfa-716	86	4	that	that	SCONJ
ajfa-716	86	5	the	the	DET
ajfa-716	86	6	equity	equity	NOUN
ajfa-716	86	7	markets	market	NOUN
ajfa-716	86	8	of	of	ADP
ajfa-716	86	9	australia	australia	PROPN
ajfa-716	86	10	,	,	PUNCT
ajfa-716	86	11	china	china	PROPN
ajfa-716	86	12	,	,	PUNCT
ajfa-716	86	13	hong	hong	PROPN
ajfa-716	86	14	kong	kong	PROPN
ajfa-716	86	15	,	,	PUNCT
ajfa-716	86	16	malaysia	malaysia	PROPN
ajfa-716	86	17	,	,	PUNCT
ajfa-716	86	18	singapore	singapore	PROPN
ajfa-716	86	19	and	and	CCONJ
ajfa-716	86	20	new	new	PROPN
ajfa-716	86	21	zealand	zealand	PROPN
ajfa-716	86	22	were	be	AUX
ajfa-716	86	23	highly	highly	ADV
ajfa-716	86	24	integrated	integrate	VERB
ajfa-716	86	25	with	with	ADP
ajfa-716	86	26	the	the	DET
ajfa-716	86	27	japanese	japanese	ADJ
ajfa-716	86	28	market	market	NOUN
ajfa-716	86	29	,	,	PUNCT
ajfa-716	86	30	especially	especially	ADV
ajfa-716	86	31	since	since	SCONJ
ajfa-716	86	32	1994	1994	NUM
ajfa-716	86	33	.	.	PUNCT
ajfa-716	87	1	it	it	PRON
ajfa-716	87	2	should	should	AUX
ajfa-716	87	3	be	be	AUX
ajfa-716	87	4	recalled	recall	VERB
ajfa-716	87	5	that	that	SCONJ
ajfa-716	87	6	during	during	ADP
ajfa-716	87	7	the	the	DET
ajfa-716	87	8	said	say	VERB
ajfa-716	87	9	period	period	NOUN
ajfa-716	87	10	japan	japan	PROPN
ajfa-716	87	11	experienced	experience	VERB
ajfa-716	87	12	a	a	DET
ajfa-716	87	13	stagnating	stagnate	VERB
ajfa-716	87	14	economy	economy	NOUN
ajfa-716	87	15	following	follow	VERB
ajfa-716	87	16	the	the	DET
ajfa-716	87	17	1985	1985	NUM
ajfa-716	87	18	-	-	SYM
ajfa-716	87	19	1990	1990	NUM
ajfa-716	87	20	asset	asset	NOUN
ajfa-716	87	21	price	price	NOUN
ajfa-716	87	22	bubble	bubble	NOUN
ajfa-716	87	23	.	.	PUNCT
ajfa-716	88	1	despite	despite	SCONJ
ajfa-716	88	2	this	this	PRON
ajfa-716	88	3	,	,	PUNCT
ajfa-716	88	4	the	the	DET
ajfa-716	88	5	increased	increase	VERB
ajfa-716	88	6	exports	export	NOUN
ajfa-716	88	7	from	from	ADP
ajfa-716	88	8	other	other	ADJ
ajfa-716	88	9	asian	asian	ADJ
ajfa-716	88	10	economies	economy	NOUN
ajfa-716	88	11	to	to	ADP
ajfa-716	88	12	japan	japan	PROPN
ajfa-716	88	13	,	,	PUNCT
ajfa-716	88	14	on	on	ADP
ajfa-716	88	15	one	one	NUM
ajfa-716	88	16	hand	hand	NOUN
ajfa-716	88	17	,	,	PUNCT
ajfa-716	88	18	and	and	CCONJ
ajfa-716	88	19	the	the	DET
ajfa-716	88	20	greater	great	ADJ
ajfa-716	88	21	fdi	fdi	NOUN
ajfa-716	88	22	from	from	ADP
ajfa-716	88	23	japan	japan	PROPN
ajfa-716	88	24	to	to	ADP
ajfa-716	88	25	asian	asian	ADJ
ajfa-716	88	26	economies	economy	NOUN
ajfa-716	88	27	,	,	PUNCT
ajfa-716	88	28	on	on	ADP
ajfa-716	88	29	the	the	DET
ajfa-716	88	30	other	other	ADJ
ajfa-716	88	31	hand	hand	NOUN
ajfa-716	88	32	,	,	PUNCT
ajfa-716	88	33	increased	increase	VERB
ajfa-716	88	34	the	the	DET
ajfa-716	88	35	co	co	NOUN
ajfa-716	88	36	-	-	NOUN
ajfa-716	88	37	movement	movement	NOUN
ajfa-716	88	38	between	between	ADP
ajfa-716	88	39	the	the	DET
ajfa-716	88	40	japanese	japanese	ADJ
ajfa-716	88	41	stock	stock	NOUN
ajfa-716	88	42	market	market	NOUN
ajfa-716	88	43	and	and	CCONJ
ajfa-716	88	44	the	the	DET
ajfa-716	88	45	asian	asian	ADJ
ajfa-716	88	46	equity	equity	NOUN
ajfa-716	88	47	markets	market	NOUN
ajfa-716	88	48	(	(	PUNCT
ajfa-716	88	49	johnson	johnson	PROPN
ajfa-716	88	50	and	and	CCONJ
ajfa-716	88	51	soenen	soenen	PROPN
ajfa-716	88	52	,	,	PUNCT
ajfa-716	88	53	2002	2002	NUM
ajfa-716	88	54	)	)	PUNCT
ajfa-716	88	55	.	.	PUNCT
ajfa-716	89	1	while	while	SCONJ
ajfa-716	89	2	most	most	ADJ
ajfa-716	89	3	studies	study	NOUN
ajfa-716	89	4	on	on	ADP
ajfa-716	89	5	stock	stock	NOUN
ajfa-716	89	6	market	market	NOUN
ajfa-716	89	7	and	and	CCONJ
ajfa-716	89	8	economic	economic	ADJ
ajfa-716	89	9	performance	performance	NOUN
ajfa-716	89	10	have	have	AUX
ajfa-716	89	11	focused	focus	VERB
ajfa-716	89	12	on	on	ADP
ajfa-716	89	13	advanced	advanced	ADJ
ajfa-716	89	14	economies	economy	NOUN
ajfa-716	89	15	,	,	PUNCT
ajfa-716	89	16	kyereboah	kyereboah	PROPN
ajfa-716	89	17	-	-	PUNCT
ajfa-716	89	18	coleman	coleman	NOUN
ajfa-716	89	19	and	and	CCONJ
ajfa-716	89	20	agyire	agyire	NOUN
ajfa-716	89	21	-	-	PUNCT
ajfa-716	89	22	tettey	tettey	NOUN
ajfa-716	89	23	(	(	PUNCT
ajfa-716	89	24	2008	2008	NUM
ajfa-716	89	25	)	)	PUNCT
ajfa-716	89	26	did	do	VERB
ajfa-716	89	27	a	a	DET
ajfa-716	89	28	case	case	NOUN
ajfa-716	89	29	study	study	NOUN
ajfa-716	89	30	on	on	ADP
ajfa-716	89	31	the	the	DET
ajfa-716	89	32	stock	stock	NOUN
ajfa-716	89	33	exchange	exchange	NOUN
ajfa-716	89	34	of	of	ADP
ajfa-716	89	35	ghana	ghana	PROPN
ajfa-716	89	36	,	,	PUNCT
ajfa-716	89	37	a	a	DET
ajfa-716	89	38	developing	develop	VERB
ajfa-716	89	39	country	country	NOUN
ajfa-716	89	40	,	,	PUNCT
ajfa-716	89	41	for	for	ADP
ajfa-716	89	42	the	the	DET
ajfa-716	89	43	period	period	NOUN
ajfa-716	89	44	1991	1991	NUM
ajfa-716	89	45	-	-	SYM
ajfa-716	89	46	2005	2005	NUM
ajfa-716	89	47	,	,	PUNCT
ajfa-716	89	48	in	in	ADP
ajfa-716	89	49	order	order	NOUN
ajfa-716	89	50	to	to	PART
ajfa-716	89	51	examine	examine	VERB
ajfa-716	89	52	the	the	DET
ajfa-716	89	53	effects	effect	NOUN
ajfa-716	89	54	of	of	ADP
ajfa-716	89	55	macroeconomic	macroeconomic	ADJ
ajfa-716	89	56	indicators	indicator	NOUN
ajfa-716	89	57	on	on	ADP
ajfa-716	89	58	stock	stock	NOUN
ajfa-716	89	59	market	market	NOUN
ajfa-716	89	60	performance	performance	NOUN
ajfa-716	89	61	.	.	PUNCT
ajfa-716	90	1	the	the	DET
ajfa-716	90	2	study	study	NOUN
ajfa-716	90	3	showed	show	VERB
ajfa-716	90	4	that	that	SCONJ
ajfa-716	90	5	while	while	SCONJ
ajfa-716	90	6	high	high	ADJ
ajfa-716	90	7	lending	lending	NOUN
ajfa-716	90	8	rates	rate	NOUN
ajfa-716	90	9	and	and	CCONJ
ajfa-716	90	10	inflation	inflation	NOUN
ajfa-716	90	11	rates	rate	NOUN
ajfa-716	90	12	had	have	VERB
ajfa-716	90	13	a	a	DET
ajfa-716	90	14	negative	negative	ADJ
ajfa-716	90	15	impact	impact	NOUN
ajfa-716	90	16	on	on	ADP
ajfa-716	90	17	the	the	DET
ajfa-716	90	18	performance	performance	NOUN
ajfa-716	90	19	of	of	ADP
ajfa-716	90	20	ghana	ghana	PROPN
ajfa-716	90	21	’s	’s	PART
ajfa-716	90	22	stock	stock	NOUN
ajfa-716	90	23	market	market	NOUN
ajfa-716	90	24	,	,	PUNCT
ajfa-716	90	25	the	the	DET
ajfa-716	90	26	resulting	result	VERB
ajfa-716	90	27	domestic	domestic	ADJ
ajfa-716	90	28	currency	currency	NOUN
ajfa-716	90	29	depreciation	depreciation	NOUN
ajfa-716	90	30	still	still	ADV
ajfa-716	90	31	benefited	benefit	VERB
ajfa-716	90	32	the	the	DET
ajfa-716	90	33	investors	investor	NOUN
ajfa-716	90	34	.	.	PUNCT
ajfa-716	91	1	in	in	ADP
ajfa-716	91	2	a	a	DET
ajfa-716	91	3	more	more	ADV
ajfa-716	91	4	or	or	CCONJ
ajfa-716	91	5	less	less	ADV
ajfa-716	91	6	similar	similar	ADJ
ajfa-716	91	7	study	study	NOUN
ajfa-716	91	8	,	,	PUNCT
ajfa-716	91	9	pilinkus	pilinkus	NOUN
ajfa-716	91	10	(	(	PUNCT
ajfa-716	91	11	2009	2009	NUM
ajfa-716	91	12	)	)	PUNCT
ajfa-716	91	13	investigated	investigate	VERB
ajfa-716	91	14	the	the	DET
ajfa-716	91	15	association	association	NOUN
ajfa-716	91	16	between	between	ADP
ajfa-716	91	17	macroeconomic	macroeconomic	ADJ
ajfa-716	91	18	variables	variable	NOUN
ajfa-716	91	19	and	and	CCONJ
ajfa-716	91	20	the	the	DET
ajfa-716	91	21	lithuanian	lithuanian	ADJ
ajfa-716	91	22	stock	stock	NOUN
ajfa-716	91	23	market	market	NOUN
ajfa-716	91	24	index	index	NOUN
ajfa-716	91	25	from	from	ADP
ajfa-716	91	26	december	december	PROPN
ajfa-716	91	27	1999	1999	NUM
ajfa-716	91	28	to	to	ADP
ajfa-716	91	29	march	march	PROPN
ajfa-716	91	30	2008	2008	NUM
ajfa-716	91	31	.	.	PUNCT
ajfa-716	92	1	the	the	DET
ajfa-716	92	2	results	result	NOUN
ajfa-716	92	3	from	from	ADP
ajfa-716	92	4	this	this	DET
ajfa-716	92	5	study	study	NOUN
ajfa-716	92	6	revealed	reveal	VERB
ajfa-716	92	7	that	that	SCONJ
ajfa-716	92	8	the	the	DET
ajfa-716	92	9	gdp	gdp	PROPN
ajfa-716	92	10	deflator	deflator	NOUN
ajfa-716	92	11	,	,	PUNCT
ajfa-716	92	12	net	net	ADJ
ajfa-716	92	13	export	export	NOUN
ajfa-716	92	14	,	,	PUNCT
ajfa-716	92	15	and	and	CCONJ
ajfa-716	92	16	fdi	fdi	NOUN
ajfa-716	92	17	impacted	impact	VERB
ajfa-716	92	18	on	on	ADP
ajfa-716	92	19	the	the	DET
ajfa-716	92	20	stock	stock	NOUN
ajfa-716	92	21	market	market	NOUN
ajfa-716	92	22	index	index	NOUN
ajfa-716	92	23	.	.	PUNCT
ajfa-716	93	1	these	these	DET
ajfa-716	93	2	study	study	NOUN
ajfa-716	93	3	reports	report	NOUN
ajfa-716	93	4	stimulated	stimulate	VERB
ajfa-716	93	5	our	our	PRON
ajfa-716	93	6	interest	interest	NOUN
ajfa-716	93	7	to	to	PART
ajfa-716	93	8	explore	explore	VERB
ajfa-716	93	9	the	the	DET
ajfa-716	93	10	economies	economy	NOUN
ajfa-716	93	11	in	in	ADP
ajfa-716	93	12	the	the	DET
ajfa-716	93	13	asia	asia	PROPN
ajfa-716	93	14	-	-	PUNCT
ajfa-716	93	15	pacific	pacific	PROPN
ajfa-716	93	16	region	region	NOUN
ajfa-716	93	17	.	.	PUNCT
ajfa-716	94	1	in	in	ADP
ajfa-716	94	2	an	an	DET
ajfa-716	94	3	empirical	empirical	ADJ
ajfa-716	94	4	work	work	NOUN
ajfa-716	94	5	on	on	ADP
ajfa-716	94	6	a	a	DET
ajfa-716	94	7	sample	sample	NOUN
ajfa-716	94	8	of	of	ADP
ajfa-716	94	9	27	27	NUM
ajfa-716	94	10	countries	country	NOUN
ajfa-716	94	11	including	include	VERB
ajfa-716	94	12	g72	g72	NOUN
ajfa-716	94	13	and	and	CCONJ
ajfa-716	94	14	southeast	southeast	ADJ
ajfa-716	94	15	asian	asian	ADJ
ajfa-716	94	16	economies	economy	NOUN
ajfa-716	94	17	,	,	PUNCT
ajfa-716	94	18	henry	henry	PROPN
ajfa-716	94	19	et	et	PROPN
ajfa-716	94	20	al	al	PROPN
ajfa-716	94	21	.	.	PROPN
ajfa-716	94	22	(	(	PUNCT
ajfa-716	94	23	2004	2004	NUM
ajfa-716	94	24	)	)	PUNCT
ajfa-716	94	25	used	use	VERB
ajfa-716	94	26	switching	switch	VERB
ajfa-716	94	27	regression	regression	NOUN
ajfa-716	94	28	analysis	analysis	NOUN
ajfa-716	94	29	to	to	PART
ajfa-716	94	30	examine	examine	VERB
ajfa-716	94	31	the	the	DET
ajfa-716	94	32	relationship	relationship	NOUN
ajfa-716	94	33	between	between	ADP
ajfa-716	94	34	stock	stock	NOUN
ajfa-716	94	35	returns	return	NOUN
ajfa-716	94	36	and	and	CCONJ
ajfa-716	94	37	growth	growth	NOUN
ajfa-716	94	38	rates	rate	NOUN
ajfa-716	94	39	during	during	ADP
ajfa-716	94	40	the	the	DET
ajfa-716	94	41	period	period	NOUN
ajfa-716	94	42	1982	1982	NUM
ajfa-716	94	43	-	-	SYM
ajfa-716	94	44	2001	2001	NUM
ajfa-716	94	45	.	.	PUNCT
ajfa-716	95	1	the	the	DET
ajfa-716	95	2	authors	author	NOUN
ajfa-716	95	3	concluded	conclude	VERB
ajfa-716	95	4	that	that	SCONJ
ajfa-716	95	5	in	in	ADP
ajfa-716	95	6	the	the	DET
ajfa-716	95	7	organization	organization	NOUN
ajfa-716	95	8	for	for	ADP
ajfa-716	95	9	economic	economic	ADJ
ajfa-716	95	10	cooperation	cooperation	NOUN
ajfa-716	95	11	and	and	CCONJ
ajfa-716	95	12	development	development	NOUN
ajfa-716	95	13	(	(	PUNCT
ajfa-716	95	14	oecd	oecd	PROPN
ajfa-716	95	15	)	)	PUNCT
ajfa-716	95	16	and	and	CCONJ
ajfa-716	95	17	in	in	ADP
ajfa-716	95	18	five	five	NUM
ajfa-716	95	19	southeast	southeast	ADJ
ajfa-716	95	20	asian	asian	ADJ
ajfa-716	95	21	countries	country	NOUN
ajfa-716	95	22	(	(	PUNCT
ajfa-716	95	23	hong	hong	PROPN
ajfa-716	95	24	kong	kong	PROPN
ajfa-716	95	25	,	,	PUNCT
ajfa-716	95	26	korea	korea	PROPN
ajfa-716	95	27	,	,	PUNCT
ajfa-716	95	28	the	the	DET
ajfa-716	95	29	philippines	philippine	NOUN
ajfa-716	95	30	,	,	PUNCT
ajfa-716	95	31	singapore	singapore	PROPN
ajfa-716	95	32	,	,	PUNCT
ajfa-716	95	33	and	and	CCONJ
ajfa-716	95	34	taiwan	taiwan	PROPN
ajfa-716	95	35	)	)	PUNCT
ajfa-716	95	36	there	there	PRON
ajfa-716	95	37	was	be	VERB
ajfa-716	95	38	a	a	DET
ajfa-716	95	39	significant	significant	ADJ
ajfa-716	95	40	relationship	relationship	NOUN
ajfa-716	95	41	between	between	ADP
ajfa-716	95	42	stock	stock	NOUN
ajfa-716	95	43	returns	return	NOUN
ajfa-716	95	44	and	and	CCONJ
ajfa-716	95	45	economic	economic	ADJ
ajfa-716	95	46	growth	growth	NOUN
ajfa-716	95	47	.	.	PUNCT
ajfa-716	96	1	2	2	NUM
ajfa-716	96	2	g7	g7	PROPN
ajfa-716	96	3	countries	country	NOUN
ajfa-716	96	4	include	include	VERB
ajfa-716	96	5	france	france	PROPN
ajfa-716	96	6	,	,	PUNCT
ajfa-716	96	7	germany	germany	PROPN
ajfa-716	96	8	,	,	PUNCT
ajfa-716	96	9	italy	italy	PROPN
ajfa-716	96	10	,	,	PUNCT
ajfa-716	96	11	japan	japan	PROPN
ajfa-716	96	12	,	,	PUNCT
ajfa-716	96	13	uk	uk	PROPN
ajfa-716	96	14	,	,	PUNCT
ajfa-716	96	15	usa	usa	PROPN
ajfa-716	96	16	,	,	PUNCT
ajfa-716	96	17	and	and	CCONJ
ajfa-716	96	18	canada	canada	PROPN
ajfa-716	96	19	.	.	PUNCT
ajfa-716	97	1	asian	asian	PROPN
ajfa-716	97	2	journal	journal	PROPN
ajfa-716	97	3	of	of	ADP
ajfa-716	97	4	finance	finance	PROPN
ajfa-716	97	5	&	&	CCONJ
ajfa-716	97	6	accounting	accounting	PROPN
ajfa-716	97	7	issn	issn	PROPN
ajfa-716	97	8	1946	1946	NUM
ajfa-716	97	9	-	-	PUNCT
ajfa-716	97	10	052x	052x	NOUN
ajfa-716	97	11	2011	2011	NUM
ajfa-716	97	12	,	,	PUNCT
ajfa-716	97	13	vol	vol	NOUN
ajfa-716	97	14	.	.	PROPN
ajfa-716	98	1	3	3	NUM
ajfa-716	98	2	,	,	PUNCT
ajfa-716	98	3	no	no	INTJ
ajfa-716	98	4	.	.	NOUN
ajfa-716	98	5	1	1	NUM
ajfa-716	98	6	:	:	PUNCT
ajfa-716	98	7	e7	e7	PROPN
ajfa-716	98	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	98	9	109	109	NUM
ajfa-716	98	10	2.2	2.2	NUM
ajfa-716	98	11	co	co	NOUN
ajfa-716	98	12	-	-	NOUN
ajfa-716	98	13	movement	movement	NOUN
ajfa-716	98	14	of	of	ADP
ajfa-716	98	15	economic	economic	ADJ
ajfa-716	98	16	and	and	CCONJ
ajfa-716	98	17	stock	stock	NOUN
ajfa-716	98	18	market	market	NOUN
ajfa-716	98	19	performance	performance	NOUN
ajfa-716	98	20	two	two	NUM
ajfa-716	98	21	explanations	explanation	NOUN
ajfa-716	98	22	have	have	AUX
ajfa-716	98	23	been	be	AUX
ajfa-716	98	24	offered	offer	VERB
ajfa-716	98	25	for	for	ADP
ajfa-716	98	26	the	the	DET
ajfa-716	98	27	co	co	NOUN
ajfa-716	98	28	-	-	NOUN
ajfa-716	98	29	movement	movement	NOUN
ajfa-716	98	30	of	of	ADP
ajfa-716	98	31	stock	stock	NOUN
ajfa-716	98	32	markets	market	NOUN
ajfa-716	98	33	and	and	CCONJ
ajfa-716	98	34	economies	economy	NOUN
ajfa-716	98	35	in	in	ADP
ajfa-716	98	36	different	different	ADJ
ajfa-716	98	37	countries	country	NOUN
ajfa-716	98	38	.	.	PUNCT
ajfa-716	99	1	one	one	NUM
ajfa-716	99	2	is	be	AUX
ajfa-716	99	3	that	that	SCONJ
ajfa-716	99	4	stock	stock	NOUN
ajfa-716	99	5	markets	market	NOUN
ajfa-716	99	6	are	be	AUX
ajfa-716	99	7	highly	highly	ADV
ajfa-716	99	8	influenced	influence	VERB
ajfa-716	99	9	by	by	ADP
ajfa-716	99	10	global	global	ADJ
ajfa-716	99	11	factors	factor	NOUN
ajfa-716	99	12	,	,	PUNCT
ajfa-716	99	13	in	in	ADP
ajfa-716	99	14	which	which	PRON
ajfa-716	99	15	the	the	DET
ajfa-716	99	16	macroeconomic	macroeconomic	ADJ
ajfa-716	99	17	variables	variable	NOUN
ajfa-716	99	18	are	be	AUX
ajfa-716	99	19	closely	closely	ADV
ajfa-716	99	20	associated	associate	VERB
ajfa-716	99	21	.	.	PUNCT
ajfa-716	100	1	the	the	DET
ajfa-716	100	2	other	other	ADJ
ajfa-716	100	3	explanation	explanation	NOUN
ajfa-716	100	4	is	be	AUX
ajfa-716	100	5	that	that	SCONJ
ajfa-716	100	6	there	there	PRON
ajfa-716	100	7	is	be	VERB
ajfa-716	100	8	no	no	DET
ajfa-716	100	9	correlation	correlation	NOUN
ajfa-716	100	10	between	between	ADP
ajfa-716	100	11	market	market	NOUN
ajfa-716	100	12	returns	return	NOUN
ajfa-716	100	13	and	and	CCONJ
ajfa-716	100	14	fundamental	fundamental	ADJ
ajfa-716	100	15	market	market	NOUN
ajfa-716	100	16	information	information	NOUN
ajfa-716	100	17	.	.	PUNCT
ajfa-716	101	1	albuquerque	albuquerque	PROPN
ajfa-716	101	2	and	and	CCONJ
ajfa-716	101	3	vega	vega	PROPN
ajfa-716	101	4	(	(	PUNCT
ajfa-716	101	5	2009	2009	NUM
ajfa-716	101	6	)	)	PUNCT
ajfa-716	101	7	attempted	attempt	VERB
ajfa-716	101	8	to	to	PART
ajfa-716	101	9	verify	verify	VERB
ajfa-716	101	10	the	the	DET
ajfa-716	101	11	role	role	NOUN
ajfa-716	101	12	of	of	ADP
ajfa-716	101	13	news	news	NOUN
ajfa-716	101	14	about	about	ADP
ajfa-716	101	15	fundamental	fundamental	ADJ
ajfa-716	101	16	stock	stock	NOUN
ajfa-716	101	17	market	market	NOUN
ajfa-716	101	18	performance	performance	NOUN
ajfa-716	101	19	in	in	ADP
ajfa-716	101	20	cross	cross	ADJ
ajfa-716	101	21	-	-	ADJ
ajfa-716	101	22	country	country	ADJ
ajfa-716	101	23	correlations	correlation	NOUN
ajfa-716	101	24	between	between	ADP
ajfa-716	101	25	the	the	DET
ajfa-716	101	26	us	us	PROPN
ajfa-716	101	27	and	and	CCONJ
ajfa-716	101	28	portugal	portugal	PROPN
ajfa-716	101	29	,	,	PUNCT
ajfa-716	101	30	using	use	VERB
ajfa-716	101	31	variables	variable	NOUN
ajfa-716	101	32	such	such	ADJ
ajfa-716	101	33	as	as	ADP
ajfa-716	101	34	daily	daily	ADJ
ajfa-716	101	35	stock	stock	NOUN
ajfa-716	101	36	market	market	NOUN
ajfa-716	101	37	returns	return	NOUN
ajfa-716	101	38	,	,	PUNCT
ajfa-716	101	39	order	order	NOUN
ajfa-716	101	40	flow	flow	NOUN
ajfa-716	101	41	and	and	CCONJ
ajfa-716	101	42	real	real	ADJ
ajfa-716	101	43	-	-	PUNCT
ajfa-716	101	44	time	time	NOUN
ajfa-716	101	45	macroeconomic	macroeconomic	ADJ
ajfa-716	101	46	news	news	NOUN
ajfa-716	101	47	release	release	NOUN
ajfa-716	101	48	of	of	ADP
ajfa-716	101	49	gdp	gdp	NOUN
ajfa-716	101	50	,	,	PUNCT
ajfa-716	101	51	unemployment	unemployment	NOUN
ajfa-716	101	52	rate	rate	NOUN
ajfa-716	101	53	,	,	PUNCT
ajfa-716	101	54	industrial	industrial	ADJ
ajfa-716	101	55	production	production	NOUN
ajfa-716	101	56	,	,	PUNCT
ajfa-716	101	57	industrial	industrial	ADJ
ajfa-716	101	58	sales	sale	NOUN
ajfa-716	101	59	,	,	PUNCT
ajfa-716	101	60	retail	retail	ADJ
ajfa-716	101	61	sales	sale	NOUN
ajfa-716	101	62	,	,	PUNCT
ajfa-716	101	63	trade	trade	NOUN
ajfa-716	101	64	balance	balance	NOUN
ajfa-716	101	65	,	,	PUNCT
ajfa-716	101	66	the	the	DET
ajfa-716	101	67	consumer	consumer	NOUN
ajfa-716	101	68	price	price	NOUN
ajfa-716	101	69	index	index	NOUN
ajfa-716	101	70	,	,	PUNCT
ajfa-716	101	71	and	and	CCONJ
ajfa-716	101	72	production	production	NOUN
ajfa-716	101	73	price	price	NOUN
ajfa-716	101	74	index	index	NOUN
ajfa-716	101	75	.	.	PUNCT
ajfa-716	102	1	the	the	DET
ajfa-716	102	2	authors	author	NOUN
ajfa-716	102	3	concluded	conclude	VERB
ajfa-716	102	4	that	that	SCONJ
ajfa-716	102	5	cross	cross	ADJ
ajfa-716	102	6	-	-	ADJ
ajfa-716	102	7	country	country	ADJ
ajfa-716	102	8	stock	stock	NOUN
ajfa-716	102	9	market	market	NOUN
ajfa-716	102	10	returns	return	NOUN
ajfa-716	102	11	were	be	AUX
ajfa-716	102	12	not	not	PART
ajfa-716	102	13	responsive	responsive	ADJ
ajfa-716	102	14	to	to	ADP
ajfa-716	102	15	the	the	DET
ajfa-716	102	16	us	us	PROPN
ajfa-716	102	17	macroeconomic	macroeconomic	ADJ
ajfa-716	102	18	news	news	NOUN
ajfa-716	102	19	.	.	PUNCT
ajfa-716	103	1	however	however	ADV
ajfa-716	103	2	,	,	PUNCT
ajfa-716	103	3	when	when	SCONJ
ajfa-716	103	4	portuguese	portuguese	ADJ
ajfa-716	103	5	macroeconomic	macroeconomic	ADJ
ajfa-716	103	6	news	news	NOUN
ajfa-716	103	7	was	be	AUX
ajfa-716	103	8	released	release	VERB
ajfa-716	103	9	the	the	DET
ajfa-716	103	10	existence	existence	NOUN
ajfa-716	103	11	of	of	ADP
ajfa-716	103	12	different	different	ADJ
ajfa-716	103	13	degrees	degree	NOUN
ajfa-716	103	14	of	of	ADP
ajfa-716	103	15	impacts	impact	NOUN
ajfa-716	103	16	on	on	ADP
ajfa-716	103	17	investors	investor	NOUN
ajfa-716	103	18	’	'	PUNCT
ajfa-716	103	19	decisions	decision	NOUN
ajfa-716	103	20	was	be	AUX
ajfa-716	103	21	confirmed	confirm	VERB
ajfa-716	103	22	by	by	ADP
ajfa-716	103	23	decreasing	decrease	VERB
ajfa-716	103	24	the	the	DET
ajfa-716	103	25	co	co	NOUN
ajfa-716	103	26	-	-	NOUN
ajfa-716	103	27	movement	movement	NOUN
ajfa-716	103	28	.	.	PUNCT
ajfa-716	104	1	comparative	comparative	ADJ
ajfa-716	104	2	studies	study	NOUN
ajfa-716	104	3	include	include	VERB
ajfa-716	104	4	either	either	CCONJ
ajfa-716	104	5	economic	economic	ADJ
ajfa-716	104	6	and	and	CCONJ
ajfa-716	104	7	financial	financial	ADJ
ajfa-716	104	8	variables	variable	NOUN
ajfa-716	104	9	or	or	CCONJ
ajfa-716	104	10	economic	economic	ADJ
ajfa-716	104	11	and	and	CCONJ
ajfa-716	104	12	socio	socio	NOUN
ajfa-716	104	13	-	-	PUNCT
ajfa-716	104	14	economic	economic	ADJ
ajfa-716	104	15	variables	variable	NOUN
ajfa-716	104	16	.	.	PUNCT
ajfa-716	105	1	fifield	fifield	PROPN
ajfa-716	105	2	et	et	PROPN
ajfa-716	105	3	al	al	PROPN
ajfa-716	105	4	.	.	PROPN
ajfa-716	106	1	(	(	PUNCT
ajfa-716	106	2	2002	2002	NUM
ajfa-716	106	3	)	)	PUNCT
ajfa-716	106	4	investigated	investigate	VERB
ajfa-716	106	5	the	the	DET
ajfa-716	106	6	predictability	predictability	NOUN
ajfa-716	106	7	of	of	ADP
ajfa-716	106	8	stock	stock	NOUN
ajfa-716	106	9	market	market	NOUN
ajfa-716	106	10	returns	return	NOUN
ajfa-716	106	11	through	through	ADP
ajfa-716	106	12	the	the	DET
ajfa-716	106	13	movements	movement	NOUN
ajfa-716	106	14	of	of	ADP
ajfa-716	106	15	global	global	ADJ
ajfa-716	106	16	and	and	CCONJ
ajfa-716	106	17	local	local	ADJ
ajfa-716	106	18	economic	economic	ADJ
ajfa-716	106	19	factors	factor	NOUN
ajfa-716	106	20	,	,	PUNCT
ajfa-716	106	21	namely	namely	ADV
ajfa-716	106	22	,	,	PUNCT
ajfa-716	106	23	gdp	gdp	NOUN
ajfa-716	106	24	,	,	PUNCT
ajfa-716	106	25	inflation	inflation	NOUN
ajfa-716	106	26	,	,	PUNCT
ajfa-716	106	27	money	money	NOUN
ajfa-716	106	28	and	and	CCONJ
ajfa-716	106	29	interest	interest	NOUN
ajfa-716	106	30	rates	rate	NOUN
ajfa-716	106	31	,	,	PUNCT
ajfa-716	106	32	world	world	NOUN
ajfa-716	106	33	industrial	industrial	ADJ
ajfa-716	106	34	production	production	NOUN
ajfa-716	106	35	and	and	CCONJ
ajfa-716	106	36	world	world	NOUN
ajfa-716	106	37	inflation	inflation	NOUN
ajfa-716	106	38	.	.	PUNCT
ajfa-716	107	1	analyzing	analyze	VERB
ajfa-716	107	2	the	the	DET
ajfa-716	107	3	data	datum	NOUN
ajfa-716	107	4	from	from	ADP
ajfa-716	107	5	13	13	NUM
ajfa-716	107	6	emerging	emerge	VERB
ajfa-716	107	7	stock	stock	NOUN
ajfa-716	107	8	markets	market	NOUN
ajfa-716	107	9	over	over	ADP
ajfa-716	107	10	the	the	DET
ajfa-716	107	11	period	period	NOUN
ajfa-716	107	12	of	of	ADP
ajfa-716	107	13	1987	1987	NUM
ajfa-716	107	14	-	-	SYM
ajfa-716	107	15	1996	1996	NUM
ajfa-716	107	16	,	,	PUNCT
ajfa-716	107	17	the	the	DET
ajfa-716	107	18	authors	author	NOUN
ajfa-716	107	19	concluded	conclude	VERB
ajfa-716	107	20	that	that	SCONJ
ajfa-716	107	21	both	both	CCONJ
ajfa-716	107	22	global	global	ADJ
ajfa-716	107	23	and	and	CCONJ
ajfa-716	107	24	local	local	ADJ
ajfa-716	107	25	factors	factor	NOUN
ajfa-716	107	26	were	be	AUX
ajfa-716	107	27	crucial	crucial	ADJ
ajfa-716	107	28	in	in	ADP
ajfa-716	107	29	explaining	explain	VERB
ajfa-716	107	30	stock	stock	NOUN
ajfa-716	107	31	market	market	NOUN
ajfa-716	107	32	returns	return	NOUN
ajfa-716	107	33	in	in	ADP
ajfa-716	107	34	emerging	emerge	VERB
ajfa-716	107	35	economies	economy	NOUN
ajfa-716	107	36	.	.	PUNCT
ajfa-716	108	1	using	use	VERB
ajfa-716	108	2	annual	annual	ADJ
ajfa-716	108	3	data	datum	NOUN
ajfa-716	108	4	of	of	ADP
ajfa-716	108	5	a	a	DET
ajfa-716	108	6	diversified	diversified	ADJ
ajfa-716	108	7	sample	sample	NOUN
ajfa-716	108	8	of	of	ADP
ajfa-716	108	9	13	13	NUM
ajfa-716	108	10	countries	country	NOUN
ajfa-716	108	11	for	for	ADP
ajfa-716	108	12	the	the	DET
ajfa-716	108	13	period	period	NOUN
ajfa-716	108	14	1960	1960	NUM
ajfa-716	108	15	-	-	SYM
ajfa-716	108	16	2002	2002	NUM
ajfa-716	108	17	,	,	PUNCT
ajfa-716	108	18	handa	handa	PROPN
ajfa-716	108	19	and	and	CCONJ
ajfa-716	108	20	khan	khan	PROPN
ajfa-716	108	21	(	(	PUNCT
ajfa-716	108	22	2008	2008	NUM
ajfa-716	108	23	)	)	PUNCT
ajfa-716	108	24	tested	test	VERB
ajfa-716	108	25	for	for	ADP
ajfa-716	108	26	granger	granger	PROPN
ajfa-716	108	27	causality	causality	PROPN
ajfa-716	108	28	and	and	CCONJ
ajfa-716	108	29	reported	report	VERB
ajfa-716	108	30	that	that	SCONJ
ajfa-716	108	31	there	there	PRON
ajfa-716	108	32	was	be	VERB
ajfa-716	108	33	no	no	DET
ajfa-716	108	34	one	one	NUM
ajfa-716	108	35	-	-	PUNCT
ajfa-716	108	36	way	way	NOUN
ajfa-716	108	37	causality	causality	NOUN
ajfa-716	108	38	from	from	ADP
ajfa-716	108	39	financial	financial	ADJ
ajfa-716	108	40	development	development	NOUN
ajfa-716	108	41	to	to	ADP
ajfa-716	108	42	economic	economic	ADJ
ajfa-716	108	43	development	development	NOUN
ajfa-716	108	44	.	.	PUNCT
ajfa-716	109	1	according	accord	VERB
ajfa-716	109	2	to	to	ADP
ajfa-716	109	3	their	their	PRON
ajfa-716	109	4	findings	finding	NOUN
ajfa-716	109	5	,	,	PUNCT
ajfa-716	109	6	india	india	PROPN
ajfa-716	109	7	,	,	PUNCT
ajfa-716	109	8	argentina	argentina	PROPN
ajfa-716	109	9	,	,	PUNCT
ajfa-716	109	10	germany	germany	PROPN
ajfa-716	109	11	,	,	PUNCT
ajfa-716	109	12	japan	japan	PROPN
ajfa-716	109	13	,	,	PUNCT
ajfa-716	109	14	the	the	DET
ajfa-716	109	15	uk	uk	PROPN
ajfa-716	109	16	and	and	CCONJ
ajfa-716	109	17	the	the	DET
ajfa-716	109	18	us	us	PROPN
ajfa-716	109	19	had	have	VERB
ajfa-716	109	20	a	a	DET
ajfa-716	109	21	bi	bi	ADJ
ajfa-716	109	22	-	-	ADJ
ajfa-716	109	23	directional	directional	ADJ
ajfa-716	109	24	granger	granger	NOUN
ajfa-716	109	25	causality	causality	NOUN
ajfa-716	109	26	,	,	PUNCT
ajfa-716	109	27	while	while	SCONJ
ajfa-716	109	28	bangladesh	bangladesh	PROPN
ajfa-716	109	29	,	,	PUNCT
ajfa-716	109	30	sri	sri	PROPN
ajfa-716	109	31	lanka	lanka	PROPN
ajfa-716	109	32	,	,	PUNCT
ajfa-716	109	33	brazil	brazil	PROPN
ajfa-716	109	34	,	,	PUNCT
ajfa-716	109	35	malaysia	malaysia	PROPN
ajfa-716	109	36	,	,	PUNCT
ajfa-716	109	37	thailand	thailand	PROPN
ajfa-716	109	38	,	,	PUNCT
ajfa-716	109	39	and	and	CCONJ
ajfa-716	109	40	turkey	turkey	NOUN
ajfa-716	109	41	had	have	VERB
ajfa-716	109	42	a	a	DET
ajfa-716	109	43	uni	uni	ADJ
ajfa-716	109	44	-	-	ADJ
ajfa-716	109	45	directional	directional	ADJ
ajfa-716	109	46	causality	causality	NOUN
ajfa-716	109	47	that	that	PRON
ajfa-716	109	48	ran	run	VERB
ajfa-716	109	49	from	from	ADP
ajfa-716	109	50	economic	economic	ADJ
ajfa-716	109	51	growth	growth	NOUN
ajfa-716	109	52	to	to	ADP
ajfa-716	109	53	financial	financial	ADJ
ajfa-716	109	54	development	development	NOUN
ajfa-716	109	55	.	.	PUNCT
ajfa-716	110	1	using	use	VERB
ajfa-716	110	2	johansen	johansen	PROPN
ajfa-716	110	3	’s	’s	PART
ajfa-716	110	4	methodology	methodology	NOUN
ajfa-716	110	5	of	of	ADP
ajfa-716	110	6	multivariate	multivariate	NOUN
ajfa-716	110	7	co	co	NOUN
ajfa-716	110	8	-	-	NOUN
ajfa-716	110	9	integration	integration	NOUN
ajfa-716	110	10	analysis	analysis	NOUN
ajfa-716	110	11	on	on	ADP
ajfa-716	110	12	monthly	monthly	ADJ
ajfa-716	110	13	time	time	NOUN
ajfa-716	110	14	-	-	PUNCT
ajfa-716	110	15	series	series	NOUN
ajfa-716	110	16	data	data	PROPN
ajfa-716	110	17	,	,	PUNCT
ajfa-716	110	18	gunasekarage	gunasekarage	NOUN
ajfa-716	110	19	(	(	PUNCT
ajfa-716	110	20	2004	2004	NUM
ajfa-716	110	21	)	)	PUNCT
ajfa-716	110	22	examined	examine	VERB
ajfa-716	110	23	the	the	DET
ajfa-716	110	24	dynamic	dynamic	ADJ
ajfa-716	110	25	interrelations	interrelation	NOUN
ajfa-716	110	26	between	between	ADP
ajfa-716	110	27	macroeconomic	macroeconomic	ADJ
ajfa-716	110	28	variables	variable	NOUN
ajfa-716	110	29	and	and	CCONJ
ajfa-716	110	30	the	the	DET
ajfa-716	110	31	stock	stock	NOUN
ajfa-716	110	32	market	market	NOUN
ajfa-716	110	33	index	index	NOUN
ajfa-716	110	34	in	in	ADP
ajfa-716	110	35	sri	sri	PROPN
ajfa-716	110	36	lanka	lanka	PROPN
ajfa-716	110	37	.	.	PUNCT
ajfa-716	111	1	macroeconomic	macroeconomic	ADJ
ajfa-716	111	2	variables	variable	NOUN
ajfa-716	111	3	such	such	ADJ
ajfa-716	111	4	as	as	ADP
ajfa-716	111	5	the	the	DET
ajfa-716	111	6	money	money	NOUN
ajfa-716	111	7	supply	supply	NOUN
ajfa-716	111	8	,	,	PUNCT
ajfa-716	111	9	the	the	DET
ajfa-716	111	10	treasury	treasury	PROPN
ajfa-716	111	11	bill	bill	NOUN
ajfa-716	111	12	rate	rate	NOUN
ajfa-716	111	13	(	(	PUNCT
ajfa-716	111	14	as	as	ADP
ajfa-716	111	15	a	a	DET
ajfa-716	111	16	measure	measure	NOUN
ajfa-716	111	17	of	of	ADP
ajfa-716	111	18	interest	interest	NOUN
ajfa-716	111	19	rate	rate	NOUN
ajfa-716	111	20	)	)	PUNCT
ajfa-716	111	21	,	,	PUNCT
ajfa-716	111	22	the	the	DET
ajfa-716	111	23	consumer	consumer	NOUN
ajfa-716	111	24	price	price	NOUN
ajfa-716	111	25	index	index	NOUN
ajfa-716	111	26	,	,	PUNCT
ajfa-716	111	27	the	the	DET
ajfa-716	111	28	exchange	exchange	NOUN
ajfa-716	111	29	rate	rate	NOUN
ajfa-716	111	30	and	and	CCONJ
ajfa-716	111	31	market	market	NOUN
ajfa-716	111	32	index	index	NOUN
ajfa-716	111	33	data	datum	NOUN
ajfa-716	111	34	for	for	ADP
ajfa-716	111	35	the	the	DET
ajfa-716	111	36	period	period	NOUN
ajfa-716	111	37	january	january	PROPN
ajfa-716	111	38	1985december	1985december	NUM
ajfa-716	111	39	2001	2001	NUM
ajfa-716	111	40	were	be	AUX
ajfa-716	111	41	used	use	VERB
ajfa-716	111	42	for	for	ADP
ajfa-716	111	43	the	the	DET
ajfa-716	111	44	study	study	NOUN
ajfa-716	111	45	.	.	PUNCT
ajfa-716	112	1	monthly	monthly	ADJ
ajfa-716	112	2	values	value	NOUN
ajfa-716	112	3	of	of	ADP
ajfa-716	112	4	share	share	NOUN
ajfa-716	112	5	price	price	NOUN
ajfa-716	112	6	index	index	NOUN
ajfa-716	112	7	were	be	AUX
ajfa-716	112	8	used	use	VERB
ajfa-716	112	9	to	to	PART
ajfa-716	112	10	represent	represent	VERB
ajfa-716	112	11	aggregate	aggregate	ADJ
ajfa-716	112	12	equity	equity	NOUN
ajfa-716	112	13	returns	return	NOUN
ajfa-716	112	14	of	of	ADP
ajfa-716	112	15	the	the	DET
ajfa-716	112	16	market	market	NOUN
ajfa-716	112	17	for	for	ADP
ajfa-716	112	18	the	the	DET
ajfa-716	112	19	17	17	NUM
ajfa-716	112	20	-	-	PUNCT
ajfa-716	112	21	year	year	NOUN
ajfa-716	112	22	period	period	NOUN
ajfa-716	112	23	.	.	PUNCT
ajfa-716	113	1	variance	variance	NOUN
ajfa-716	113	2	decompositions	decomposition	NOUN
ajfa-716	113	3	analyses	analysis	NOUN
ajfa-716	113	4	revealed	reveal	VERB
ajfa-716	113	5	that	that	SCONJ
ajfa-716	113	6	a	a	DET
ajfa-716	113	7	major	major	ADJ
ajfa-716	113	8	proportion	proportion	NOUN
ajfa-716	113	9	of	of	ADP
ajfa-716	113	10	the	the	DET
ajfa-716	113	11	variability	variability	NOUN
ajfa-716	113	12	in	in	ADP
ajfa-716	113	13	the	the	DET
ajfa-716	113	14	market	market	NOUN
ajfa-716	113	15	index	index	NOUN
ajfa-716	113	16	was	be	AUX
ajfa-716	113	17	explained	explain	VERB
ajfa-716	113	18	by	by	ADP
ajfa-716	113	19	the	the	DET
ajfa-716	113	20	stock	stock	NOUN
ajfa-716	113	21	market	market	NOUN
ajfa-716	113	22	’s	’s	PART
ajfa-716	113	23	own	own	ADJ
ajfa-716	113	24	innovations	innovation	NOUN
ajfa-716	113	25	,	,	PUNCT
ajfa-716	113	26	while	while	SCONJ
ajfa-716	113	27	only	only	ADV
ajfa-716	113	28	a	a	DET
ajfa-716	113	29	minority	minority	NOUN
ajfa-716	113	30	was	be	AUX
ajfa-716	113	31	explained	explain	VERB
ajfa-716	113	32	by	by	ADP
ajfa-716	113	33	macroeconomic	macroeconomic	ADJ
ajfa-716	113	34	variables	variable	NOUN
ajfa-716	113	35	.	.	PUNCT
ajfa-716	114	1	the	the	DET
ajfa-716	114	2	author	author	NOUN
ajfa-716	114	3	attributed	attribute	VERB
ajfa-716	114	4	the	the	DET
ajfa-716	114	5	results	result	NOUN
ajfa-716	114	6	obtained	obtain	VERB
ajfa-716	114	7	to	to	ADP
ajfa-716	114	8	the	the	DET
ajfa-716	114	9	fact	fact	NOUN
ajfa-716	114	10	that	that	SCONJ
ajfa-716	114	11	the	the	DET
ajfa-716	114	12	macroeconomic	macroeconomic	ADJ
ajfa-716	114	13	variables	variable	NOUN
ajfa-716	114	14	used	use	VERB
ajfa-716	114	15	in	in	ADP
ajfa-716	114	16	the	the	DET
ajfa-716	114	17	study	study	NOUN
ajfa-716	114	18	represented	represent	VERB
ajfa-716	114	19	only	only	ADV
ajfa-716	114	20	a	a	DET
ajfa-716	114	21	subset	subset	NOUN
ajfa-716	114	22	of	of	ADP
ajfa-716	114	23	variables	variable	NOUN
ajfa-716	114	24	available	available	ADJ
ajfa-716	114	25	in	in	ADP
ajfa-716	114	26	studies	study	NOUN
ajfa-716	114	27	of	of	ADP
ajfa-716	114	28	developed	develop	VERB
ajfa-716	114	29	markets	market	NOUN
ajfa-716	114	30	.	.	PUNCT
ajfa-716	115	1	a	a	DET
ajfa-716	115	2	recent	recent	ADJ
ajfa-716	115	3	research	research	NOUN
ajfa-716	115	4	on	on	ADP
ajfa-716	115	5	sri	sri	PROPN
ajfa-716	115	6	lanka	lanka	PROPN
ajfa-716	115	7	by	by	ADP
ajfa-716	115	8	wickremasinghe	wickremasinghe	PROPN
ajfa-716	115	9	(	(	PUNCT
ajfa-716	115	10	2011	2011	NUM
ajfa-716	115	11	)	)	PUNCT
ajfa-716	115	12	confirmed	confirm	VERB
ajfa-716	115	13	the	the	DET
ajfa-716	115	14	causal	causal	ADJ
ajfa-716	115	15	relationship	relationship	NOUN
ajfa-716	115	16	between	between	ADP
ajfa-716	115	17	stock	stock	NOUN
ajfa-716	115	18	prices	price	NOUN
ajfa-716	115	19	and	and	CCONJ
ajfa-716	115	20	macroeconomic	macroeconomic	ADJ
ajfa-716	115	21	variables	variable	NOUN
ajfa-716	115	22	such	such	ADJ
ajfa-716	115	23	as	as	ADP
ajfa-716	115	24	the	the	DET
ajfa-716	115	25	exchange	exchange	NOUN
ajfa-716	115	26	rate	rate	NOUN
ajfa-716	115	27	,	,	PUNCT
ajfa-716	115	28	three	three	NUM
ajfa-716	115	29	months	month	NOUN
ajfa-716	115	30	’	'	PUNCT
ajfa-716	115	31	deposit	deposit	NOUN
ajfa-716	115	32	rate	rate	NOUN
ajfa-716	115	33	,	,	PUNCT
ajfa-716	115	34	the	the	DET
ajfa-716	115	35	consumer	consumer	NOUN
ajfa-716	115	36	price	price	NOUN
ajfa-716	115	37	index	index	NOUN
ajfa-716	115	38	and	and	CCONJ
ajfa-716	115	39	gdp	gdp	NOUN
ajfa-716	115	40	.	.	PROPN
ajfa-716	116	1	in	in	ADP
ajfa-716	116	2	general	general	ADJ
ajfa-716	116	3	,	,	PUNCT
ajfa-716	116	4	although	although	SCONJ
ajfa-716	116	5	there	there	PRON
ajfa-716	116	6	are	be	VERB
ajfa-716	116	7	a	a	DET
ajfa-716	116	8	number	number	NOUN
ajfa-716	116	9	of	of	ADP
ajfa-716	116	10	researches	research	NOUN
ajfa-716	116	11	on	on	ADP
ajfa-716	116	12	financial	financial	ADJ
ajfa-716	116	13	and	and	CCONJ
ajfa-716	116	14	economic	economic	ADJ
ajfa-716	116	15	performance	performance	NOUN
ajfa-716	116	16	,	,	PUNCT
ajfa-716	116	17	we	we	PRON
ajfa-716	116	18	are	be	AUX
ajfa-716	116	19	not	not	PART
ajfa-716	116	20	aware	aware	ADJ
ajfa-716	116	21	of	of	ADP
ajfa-716	116	22	any	any	DET
ajfa-716	116	23	research	research	NOUN
ajfa-716	116	24	to	to	ADP
ajfa-716	116	25	date	date	NOUN
ajfa-716	116	26	that	that	PRON
ajfa-716	116	27	uses	use	VERB
ajfa-716	116	28	socio	socio	NOUN
ajfa-716	116	29	-	-	PUNCT
ajfa-716	116	30	economic	economic	ADJ
ajfa-716	116	31	variables	variable	NOUN
ajfa-716	116	32	along	along	ADP
ajfa-716	116	33	with	with	ADP
ajfa-716	116	34	asian	asian	ADJ
ajfa-716	116	35	journal	journal	NOUN
ajfa-716	116	36	of	of	ADP
ajfa-716	116	37	finance	finance	PROPN
ajfa-716	116	38	&	&	CCONJ
ajfa-716	116	39	accounting	accounting	PROPN
ajfa-716	116	40	issn	issn	PROPN
ajfa-716	116	41	1946	1946	NUM
ajfa-716	116	42	-	-	PUNCT
ajfa-716	116	43	052x	052x	NOUN
ajfa-716	116	44	2011	2011	NUM
ajfa-716	116	45	,	,	PUNCT
ajfa-716	116	46	vol	vol	NOUN
ajfa-716	116	47	.	.	PROPN
ajfa-716	117	1	3	3	NUM
ajfa-716	117	2	,	,	PUNCT
ajfa-716	117	3	no	no	INTJ
ajfa-716	117	4	.	.	NOUN
ajfa-716	117	5	1	1	NUM
ajfa-716	117	6	:	:	PUNCT
ajfa-716	117	7	e7	e7	PROPN
ajfa-716	117	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	117	9	110	110	NUM
ajfa-716	117	10	financial	financial	ADJ
ajfa-716	117	11	and	and	CCONJ
ajfa-716	117	12	economic	economic	ADJ
ajfa-716	117	13	data	datum	NOUN
ajfa-716	117	14	.	.	PUNCT
ajfa-716	118	1	this	this	PRON
ajfa-716	118	2	indicates	indicate	VERB
ajfa-716	118	3	a	a	DET
ajfa-716	118	4	rather	rather	ADV
ajfa-716	118	5	narrow	narrow	ADJ
ajfa-716	118	6	view	view	NOUN
ajfa-716	118	7	of	of	ADP
ajfa-716	118	8	the	the	DET
ajfa-716	118	9	concept	concept	NOUN
ajfa-716	118	10	of	of	ADP
ajfa-716	118	11	‘	'	PUNCT
ajfa-716	118	12	development	development	NOUN
ajfa-716	118	13	’	'	PUNCT
ajfa-716	118	14	.	.	PUNCT
ajfa-716	119	1	when	when	SCONJ
ajfa-716	119	2	a	a	DET
ajfa-716	119	3	country	country	NOUN
ajfa-716	119	4	has	have	VERB
ajfa-716	119	5	high	high	ADJ
ajfa-716	119	6	performance	performance	NOUN
ajfa-716	119	7	both	both	CCONJ
ajfa-716	119	8	economically	economically	ADV
ajfa-716	119	9	and	and	CCONJ
ajfa-716	119	10	financially	financially	ADV
ajfa-716	119	11	,	,	PUNCT
ajfa-716	119	12	are	be	AUX
ajfa-716	119	13	people	people	NOUN
ajfa-716	119	14	in	in	ADP
ajfa-716	119	15	the	the	DET
ajfa-716	119	16	country	country	NOUN
ajfa-716	119	17	well	well	ADV
ajfa-716	119	18	-	-	PUNCT
ajfa-716	119	19	looked	look	VERB
ajfa-716	119	20	after	after	ADP
ajfa-716	119	21	?	?	PUNCT
ajfa-716	120	1	in	in	ADP
ajfa-716	120	2	other	other	ADJ
ajfa-716	120	3	words	word	NOUN
ajfa-716	120	4	,	,	PUNCT
ajfa-716	120	5	do	do	VERB
ajfa-716	120	6	improvements	improvement	NOUN
ajfa-716	120	7	in	in	ADP
ajfa-716	120	8	economic	economic	ADJ
ajfa-716	120	9	and	and	CCONJ
ajfa-716	120	10	financial	financial	ADJ
ajfa-716	120	11	performance	performance	NOUN
ajfa-716	120	12	lead	lead	NOUN
ajfa-716	120	13	to	to	ADP
ajfa-716	120	14	improved	improved	ADJ
ajfa-716	120	15	socio	socio	NOUN
ajfa-716	120	16	-	-	PUNCT
ajfa-716	120	17	economic	economic	ADJ
ajfa-716	120	18	conditions	condition	NOUN
ajfa-716	120	19	?	?	PUNCT
ajfa-716	121	1	this	this	DET
ajfa-716	121	2	paper	paper	NOUN
ajfa-716	121	3	attempts	attempt	VERB
ajfa-716	121	4	to	to	PART
ajfa-716	121	5	answer	answer	VERB
ajfa-716	121	6	the	the	DET
ajfa-716	121	7	above	above	ADJ
ajfa-716	121	8	question	question	NOUN
ajfa-716	121	9	by	by	ADP
ajfa-716	121	10	using	use	VERB
ajfa-716	121	11	morgan	morgan	PROPN
ajfa-716	121	12	stanley	stanley	PROPN
ajfa-716	121	13	capital	capital	PROPN
ajfa-716	121	14	international	international	PROPN
ajfa-716	121	15	(	(	PUNCT
ajfa-716	121	16	msci	msci	PROPN
ajfa-716	121	17	)	)	PUNCT
ajfa-716	121	18	returns	return	NOUN
ajfa-716	121	19	,	,	PUNCT
ajfa-716	121	20	the	the	DET
ajfa-716	121	21	gdp	gdp	NOUN
ajfa-716	121	22	growth	growth	NOUN
ajfa-716	121	23	,	,	PUNCT
ajfa-716	121	24	and	and	CCONJ
ajfa-716	121	25	hdi	hdi	PROPN
ajfa-716	121	26	to	to	PART
ajfa-716	121	27	examine	examine	VERB
ajfa-716	121	28	whether	whether	SCONJ
ajfa-716	121	29	these	these	DET
ajfa-716	121	30	three	three	NUM
ajfa-716	121	31	performance	performance	NOUN
ajfa-716	121	32	measures	measure	NOUN
ajfa-716	121	33	exhibit	exhibit	VERB
ajfa-716	121	34	similar	similar	ADJ
ajfa-716	121	35	rankings	ranking	NOUN
ajfa-716	121	36	.	.	PUNCT
ajfa-716	122	1	in	in	ADP
ajfa-716	122	2	addition	addition	NOUN
ajfa-716	122	3	to	to	ADP
ajfa-716	122	4	this	this	PRON
ajfa-716	122	5	,	,	PUNCT
ajfa-716	122	6	we	we	PRON
ajfa-716	122	7	attempt	attempt	VERB
ajfa-716	122	8	to	to	PART
ajfa-716	122	9	determine	determine	VERB
ajfa-716	122	10	the	the	DET
ajfa-716	122	11	type	type	NOUN
ajfa-716	122	12	of	of	ADP
ajfa-716	122	13	correlation	correlation	NOUN
ajfa-716	122	14	between	between	ADP
ajfa-716	122	15	the	the	DET
ajfa-716	122	16	variables	variable	NOUN
ajfa-716	122	17	for	for	ADP
ajfa-716	122	18	any	any	PRON
ajfa-716	122	19	of	of	ADP
ajfa-716	122	20	the	the	DET
ajfa-716	122	21	sample	sample	NOUN
ajfa-716	122	22	countries	country	NOUN
ajfa-716	122	23	.	.	PUNCT
ajfa-716	123	1	3	3	X
ajfa-716	123	2	.	.	X
ajfa-716	123	3	data	datum	NOUN
ajfa-716	123	4	and	and	CCONJ
ajfa-716	123	5	variables	variable	NOUN
ajfa-716	123	6	3.1	3.1	NUM
ajfa-716	123	7	data	datum	NOUN
ajfa-716	123	8	description	description	NOUN
ajfa-716	123	9	the	the	DET
ajfa-716	123	10	sample	sample	NOUN
ajfa-716	123	11	countries	country	NOUN
ajfa-716	123	12	included	include	VERB
ajfa-716	123	13	east	east	ADJ
ajfa-716	123	14	asian	asian	ADJ
ajfa-716	123	15	countries	country	NOUN
ajfa-716	123	16	and	and	CCONJ
ajfa-716	123	17	a	a	DET
ajfa-716	123	18	few	few	ADJ
ajfa-716	123	19	asia	asia	PROPN
ajfa-716	123	20	-	-	PUNCT
ajfa-716	123	21	pacific	pacific	ADJ
ajfa-716	123	22	countries	country	NOUN
ajfa-716	123	23	where	where	SCONJ
ajfa-716	123	24	financial	financial	ADJ
ajfa-716	123	25	,	,	PUNCT
ajfa-716	123	26	economic	economic	ADJ
ajfa-716	123	27	and	and	CCONJ
ajfa-716	123	28	socio	socio	NOUN
ajfa-716	123	29	-	-	PUNCT
ajfa-716	123	30	economic	economic	ADJ
ajfa-716	123	31	data	datum	NOUN
ajfa-716	123	32	were	be	AUX
ajfa-716	123	33	available	available	ADJ
ajfa-716	123	34	for	for	ADP
ajfa-716	123	35	the	the	DET
ajfa-716	123	36	period	period	NOUN
ajfa-716	123	37	1993	1993	NUM
ajfa-716	123	38	-	-	SYM
ajfa-716	123	39	2009	2009	NUM
ajfa-716	123	40	.	.	PUNCT
ajfa-716	124	1	the	the	DET
ajfa-716	124	2	selected	select	VERB
ajfa-716	124	3	group	group	NOUN
ajfa-716	124	4	of	of	ADP
ajfa-716	124	5	east	east	ADJ
ajfa-716	124	6	asian	asian	ADJ
ajfa-716	124	7	economies	economy	NOUN
ajfa-716	124	8	were	be	AUX
ajfa-716	124	9	china	china	PROPN
ajfa-716	124	10	,	,	PUNCT
ajfa-716	124	11	hong	hong	PROPN
ajfa-716	124	12	kong	kong	PROPN
ajfa-716	124	13	,	,	PUNCT
ajfa-716	124	14	indonesia	indonesia	PROPN
ajfa-716	124	15	,	,	PUNCT
ajfa-716	124	16	japan	japan	PROPN
ajfa-716	124	17	,	,	PUNCT
ajfa-716	124	18	malaysia	malaysia	PROPN
ajfa-716	124	19	,	,	PUNCT
ajfa-716	124	20	philippines	philippine	NOUN
ajfa-716	124	21	,	,	PUNCT
ajfa-716	124	22	singapore	singapore	PROPN
ajfa-716	124	23	,	,	PUNCT
ajfa-716	124	24	south	south	PROPN
ajfa-716	124	25	korea	korea	PROPN
ajfa-716	124	26	(	(	PUNCT
ajfa-716	124	27	korea	korea	PROPN
ajfa-716	124	28	from	from	ADP
ajfa-716	124	29	here	here	ADV
ajfa-716	124	30	onwards	onwards	ADV
ajfa-716	124	31	)	)	PUNCT
ajfa-716	124	32	and	and	CCONJ
ajfa-716	124	33	thailand3	thailand3	NOUN
ajfa-716	124	34	.	.	PUNCT
ajfa-716	125	1	since	since	SCONJ
ajfa-716	125	2	india	india	PROPN
ajfa-716	125	3	is	be	AUX
ajfa-716	125	4	geographically	geographically	ADV
ajfa-716	125	5	close	close	ADJ
ajfa-716	125	6	to	to	ADP
ajfa-716	125	7	east	east	PROPN
ajfa-716	125	8	asia	asia	PROPN
ajfa-716	125	9	and	and	CCONJ
ajfa-716	125	10	has	have	AUX
ajfa-716	125	11	experienced	experience	VERB
ajfa-716	125	12	exceptionally	exceptionally	ADV
ajfa-716	125	13	high	high	ADJ
ajfa-716	125	14	economic	economic	ADJ
ajfa-716	125	15	growth	growth	NOUN
ajfa-716	125	16	rates	rate	NOUN
ajfa-716	125	17	in	in	ADP
ajfa-716	125	18	recent	recent	ADJ
ajfa-716	125	19	years	year	NOUN
ajfa-716	125	20	(	(	PUNCT
ajfa-716	125	21	making	make	VERB
ajfa-716	125	22	the	the	DET
ajfa-716	125	23	country	country	NOUN
ajfa-716	125	24	a	a	DET
ajfa-716	125	25	popular	popular	ADJ
ajfa-716	125	26	fdi	fdi	NOUN
ajfa-716	125	27	target	target	NOUN
ajfa-716	125	28	)	)	PUNCT
ajfa-716	125	29	,	,	PUNCT
ajfa-716	125	30	it	it	PRON
ajfa-716	125	31	was	be	AUX
ajfa-716	125	32	also	also	ADV
ajfa-716	125	33	included	include	VERB
ajfa-716	125	34	in	in	ADP
ajfa-716	125	35	the	the	DET
ajfa-716	125	36	dataset	dataset	NOUN
ajfa-716	125	37	.	.	PUNCT
ajfa-716	126	1	for	for	ADP
ajfa-716	126	2	added	add	VERB
ajfa-716	126	3	insights	insight	NOUN
ajfa-716	126	4	,	,	PUNCT
ajfa-716	126	5	sri	sri	PROPN
ajfa-716	126	6	lanka	lanka	PROPN
ajfa-716	126	7	,	,	PUNCT
ajfa-716	126	8	pakistan	pakistan	PROPN
ajfa-716	126	9	,	,	PUNCT
ajfa-716	126	10	australia	australia	PROPN
ajfa-716	126	11	and	and	CCONJ
ajfa-716	126	12	new	new	PROPN
ajfa-716	126	13	zealand	zealand	PROPN
ajfa-716	126	14	were	be	AUX
ajfa-716	126	15	also	also	ADV
ajfa-716	126	16	included	include	VERB
ajfa-716	126	17	in	in	ADP
ajfa-716	126	18	the	the	DET
ajfa-716	126	19	sample	sample	NOUN
ajfa-716	126	20	.	.	PUNCT
ajfa-716	127	1	all	all	DET
ajfa-716	127	2	the	the	DET
ajfa-716	127	3	stock	stock	NOUN
ajfa-716	127	4	market	market	NOUN
ajfa-716	127	5	data	datum	NOUN
ajfa-716	127	6	were	be	AUX
ajfa-716	127	7	obtained	obtain	VERB
ajfa-716	127	8	from	from	ADP
ajfa-716	127	9	the	the	DET
ajfa-716	127	10	bloomberg	bloomberg	PROPN
ajfa-716	127	11	data	datum	NOUN
ajfa-716	127	12	provider	provider	NOUN
ajfa-716	127	13	.	.	PUNCT
ajfa-716	128	1	msci	msci	PROPN
ajfa-716	128	2	index	index	PROPN
ajfa-716	128	3	,	,	PUNCT
ajfa-716	128	4	a	a	DET
ajfa-716	128	5	widely	widely	ADV
ajfa-716	128	6	adopted	adopt	VERB
ajfa-716	128	7	benchmark	benchmark	NOUN
ajfa-716	128	8	for	for	ADP
ajfa-716	128	9	cross	cross	ADJ
ajfa-716	128	10	-	-	ADJ
ajfa-716	128	11	border	border	ADJ
ajfa-716	128	12	equity	equity	NOUN
ajfa-716	128	13	funds	fund	NOUN
ajfa-716	128	14	licensed	license	VERB
ajfa-716	128	15	by	by	ADP
ajfa-716	128	16	morgan	morgan	PROPN
ajfa-716	128	17	stanley	stanley	PROPN
ajfa-716	128	18	,	,	PUNCT
ajfa-716	128	19	was	be	AUX
ajfa-716	128	20	selected	select	VERB
ajfa-716	128	21	as	as	ADP
ajfa-716	128	22	the	the	DET
ajfa-716	128	23	main	main	ADJ
ajfa-716	128	24	financial	financial	ADJ
ajfa-716	128	25	variable	variable	NOUN
ajfa-716	128	26	in	in	ADP
ajfa-716	128	27	this	this	DET
ajfa-716	128	28	study	study	NOUN
ajfa-716	128	29	.	.	PUNCT
ajfa-716	129	1	mean	mean	VERB
ajfa-716	129	2	returns	return	NOUN
ajfa-716	129	3	were	be	AUX
ajfa-716	129	4	calculated	calculate	VERB
ajfa-716	129	5	based	base	VERB
ajfa-716	129	6	on	on	ADP
ajfa-716	129	7	the	the	DET
ajfa-716	129	8	yearly	yearly	ADJ
ajfa-716	129	9	closing	closing	NOUN
ajfa-716	129	10	prices	price	NOUN
ajfa-716	129	11	of	of	ADP
ajfa-716	129	12	the	the	DET
ajfa-716	129	13	msci	msci	PROPN
ajfa-716	129	14	country	country	NOUN
ajfa-716	129	15	indices	indice	VERB
ajfa-716	129	16	.	.	PUNCT
ajfa-716	130	1	most	most	ADJ
ajfa-716	130	2	of	of	ADP
ajfa-716	130	3	the	the	DET
ajfa-716	130	4	economic	economic	ADJ
ajfa-716	130	5	and	and	CCONJ
ajfa-716	130	6	socio	socio	NOUN
ajfa-716	130	7	-	-	PUNCT
ajfa-716	130	8	economic	economic	ADJ
ajfa-716	130	9	data	datum	NOUN
ajfa-716	130	10	were	be	AUX
ajfa-716	130	11	obtained	obtain	VERB
ajfa-716	130	12	from	from	ADP
ajfa-716	130	13	the	the	DET
ajfa-716	130	14	world	world	PROPN
ajfa-716	130	15	bank	bank	PROPN
ajfa-716	130	16	and	and	CCONJ
ajfa-716	130	17	imf	imf	PROPN
ajfa-716	130	18	.	.	PROPN
ajfa-716	131	1	corruption	corruption	PROPN
ajfa-716	131	2	and	and	CCONJ
ajfa-716	131	3	gini	gini	PROPN
ajfa-716	131	4	indices	index	NOUN
ajfa-716	131	5	have	have	AUX
ajfa-716	131	6	been	be	AUX
ajfa-716	131	7	calculated	calculate	VERB
ajfa-716	131	8	only	only	ADV
ajfa-716	131	9	periodically	periodically	ADV
ajfa-716	131	10	.	.	PUNCT
ajfa-716	132	1	therefore	therefore	ADV
ajfa-716	132	2	the	the	DET
ajfa-716	132	3	use	use	NOUN
ajfa-716	132	4	of	of	ADP
ajfa-716	132	5	such	such	ADJ
ajfa-716	132	6	data	datum	NOUN
ajfa-716	132	7	was	be	AUX
ajfa-716	132	8	limited	limited	ADJ
ajfa-716	132	9	.	.	PUNCT
ajfa-716	133	1	hdi	hdi	PROPN
ajfa-716	133	2	was	be	AUX
ajfa-716	133	3	available	available	ADJ
ajfa-716	133	4	continuously	continuously	ADV
ajfa-716	133	5	from	from	ADP
ajfa-716	133	6	the	the	DET
ajfa-716	133	7	year	year	NOUN
ajfa-716	133	8	2005	2005	NUM
ajfa-716	133	9	to	to	ADP
ajfa-716	133	10	2009	2009	NUM
ajfa-716	133	11	which	which	PRON
ajfa-716	133	12	enabled	enable	VERB
ajfa-716	133	13	us	we	PRON
ajfa-716	133	14	to	to	PART
ajfa-716	133	15	analyze	analyze	VERB
ajfa-716	133	16	the	the	DET
ajfa-716	133	17	correlation	correlation	NOUN
ajfa-716	133	18	during	during	ADP
ajfa-716	133	19	that	that	DET
ajfa-716	133	20	time	time	NOUN
ajfa-716	133	21	period	period	NOUN
ajfa-716	133	22	.	.	PUNCT
ajfa-716	134	1	3.2	3.2	NUM
ajfa-716	134	2	ranking	rank	VERB
ajfa-716	134	3	approach	approach	NOUN
ajfa-716	134	4	for	for	ADP
ajfa-716	134	5	the	the	DET
ajfa-716	134	6	ranking	ranking	NOUN
ajfa-716	134	7	in	in	ADP
ajfa-716	134	8	a	a	DET
ajfa-716	134	9	given	give	VERB
ajfa-716	134	10	year	year	NOUN
ajfa-716	134	11	,	,	PUNCT
ajfa-716	134	12	each	each	DET
ajfa-716	134	13	country	country	NOUN
ajfa-716	134	14	’s	’s	PART
ajfa-716	134	15	msci	msci	PROPN
ajfa-716	134	16	annual	annual	ADJ
ajfa-716	134	17	returns	return	NOUN
ajfa-716	134	18	were	be	AUX
ajfa-716	134	19	calculated	calculate	VERB
ajfa-716	134	20	based	base	VERB
ajfa-716	134	21	on	on	ADP
ajfa-716	134	22	the	the	DET
ajfa-716	134	23	yearly	yearly	ADJ
ajfa-716	134	24	closing	closing	NOUN
ajfa-716	134	25	prices	price	NOUN
ajfa-716	134	26	between	between	ADP
ajfa-716	134	27	two	two	NUM
ajfa-716	134	28	consecutive	consecutive	ADJ
ajfa-716	134	29	periods	period	NOUN
ajfa-716	134	30	.	.	PUNCT
ajfa-716	135	1	for	for	ADP
ajfa-716	135	2	a	a	DET
ajfa-716	135	3	range	range	NOUN
ajfa-716	135	4	of	of	ADP
ajfa-716	135	5	sample	sample	NOUN
ajfa-716	135	6	years	year	NOUN
ajfa-716	135	7	,	,	PUNCT
ajfa-716	135	8	the	the	DET
ajfa-716	135	9	rankings	ranking	NOUN
ajfa-716	135	10	were	be	AUX
ajfa-716	135	11	based	base	VERB
ajfa-716	135	12	on	on	ADP
ajfa-716	135	13	the	the	DET
ajfa-716	135	14	mean	mean	NOUN
ajfa-716	135	15	of	of	ADP
ajfa-716	135	16	the	the	DET
ajfa-716	135	17	annual	annual	ADJ
ajfa-716	135	18	returns	return	NOUN
ajfa-716	135	19	for	for	ADP
ajfa-716	135	20	that	that	DET
ajfa-716	135	21	time	time	NOUN
ajfa-716	135	22	period	period	NOUN
ajfa-716	135	23	.	.	PUNCT
ajfa-716	136	1	gdp	gdp	NOUN
ajfa-716	136	2	growth	growth	NOUN
ajfa-716	136	3	rates	rate	NOUN
ajfa-716	136	4	were	be	AUX
ajfa-716	136	5	calculated	calculate	VERB
ajfa-716	136	6	in	in	ADP
ajfa-716	136	7	a	a	DET
ajfa-716	136	8	similar	similar	ADJ
ajfa-716	136	9	way	way	NOUN
ajfa-716	136	10	based	base	VERB
ajfa-716	136	11	on	on	ADP
ajfa-716	136	12	the	the	DET
ajfa-716	136	13	country	country	NOUN
ajfa-716	136	14	’s	’s	PART
ajfa-716	136	15	annual	annual	ADJ
ajfa-716	136	16	nominal	nominal	ADJ
ajfa-716	136	17	gdp	gdp	NOUN
ajfa-716	136	18	expressed	express	VERB
ajfa-716	136	19	in	in	ADP
ajfa-716	136	20	local	local	ADJ
ajfa-716	136	21	currencies	currency	NOUN
ajfa-716	136	22	.	.	PUNCT
ajfa-716	137	1	countries	country	NOUN
ajfa-716	137	2	were	be	AUX
ajfa-716	137	3	then	then	ADV
ajfa-716	137	4	ranked	rank	VERB
ajfa-716	137	5	from	from	ADP
ajfa-716	137	6	highest	high	ADJ
ajfa-716	137	7	to	to	PART
ajfa-716	137	8	lowest	low	ADJ
ajfa-716	137	9	in	in	ADP
ajfa-716	137	10	each	each	DET
ajfa-716	137	11	category	category	NOUN
ajfa-716	137	12	.	.	PUNCT
ajfa-716	138	1	for	for	ADP
ajfa-716	138	2	the	the	DET
ajfa-716	138	3	most	most	ADJ
ajfa-716	138	4	part	part	NOUN
ajfa-716	138	5	of	of	ADP
ajfa-716	138	6	the	the	DET
ajfa-716	138	7	analysis	analysis	NOUN
ajfa-716	138	8	,	,	PUNCT
ajfa-716	138	9	msci	msci	PROPN
ajfa-716	138	10	returns	return	NOUN
ajfa-716	138	11	and	and	CCONJ
ajfa-716	138	12	gdp	gdp	NOUN
ajfa-716	138	13	growth	growth	NOUN
ajfa-716	138	14	rates	rate	NOUN
ajfa-716	138	15	were	be	AUX
ajfa-716	138	16	the	the	DET
ajfa-716	138	17	two	two	NUM
ajfa-716	138	18	major	major	ADJ
ajfa-716	138	19	variables	variable	NOUN
ajfa-716	138	20	chosen	choose	VERB
ajfa-716	138	21	to	to	PART
ajfa-716	138	22	represent	represent	VERB
ajfa-716	138	23	financial	financial	ADJ
ajfa-716	138	24	and	and	CCONJ
ajfa-716	138	25	economic	economic	ADJ
ajfa-716	138	26	variables	variable	NOUN
ajfa-716	138	27	,	,	PUNCT
ajfa-716	138	28	while	while	SCONJ
ajfa-716	138	29	hdi	hdi	PROPN
ajfa-716	138	30	,	,	PUNCT
ajfa-716	138	31	corruption	corruption	NOUN
ajfa-716	138	32	and	and	CCONJ
ajfa-716	138	33	gini	gini	NOUN
ajfa-716	138	34	coefficients	coefficient	NOUN
ajfa-716	138	35	were	be	AUX
ajfa-716	138	36	selected	select	VERB
ajfa-716	138	37	as	as	ADP
ajfa-716	138	38	the	the	DET
ajfa-716	138	39	socio	socio	NOUN
ajfa-716	138	40	-	-	PUNCT
ajfa-716	138	41	economic	economic	ADJ
ajfa-716	138	42	indicators	indicator	NOUN
ajfa-716	138	43	.	.	PUNCT
ajfa-716	139	1	mean	mean	VERB
ajfa-716	139	2	ranking	ranking	NOUN
ajfa-716	139	3	and	and	CCONJ
ajfa-716	139	4	correlation	correlation	NOUN
ajfa-716	139	5	analysis	analysis	NOUN
ajfa-716	139	6	were	be	AUX
ajfa-716	139	7	the	the	DET
ajfa-716	139	8	statistical	statistical	ADJ
ajfa-716	139	9	methods	method	NOUN
ajfa-716	139	10	used	use	VERB
ajfa-716	139	11	.	.	PUNCT
ajfa-716	140	1	3	3	NUM
ajfa-716	140	2	this	this	DET
ajfa-716	140	3	study	study	NOUN
ajfa-716	140	4	can	can	AUX
ajfa-716	140	5	be	be	AUX
ajfa-716	140	6	extended	extend	VERB
ajfa-716	140	7	to	to	PART
ajfa-716	140	8	include	include	VERB
ajfa-716	140	9	all	all	DET
ajfa-716	140	10	other	other	ADJ
ajfa-716	140	11	countries	country	NOUN
ajfa-716	140	12	or	or	CCONJ
ajfa-716	140	13	regions	region	NOUN
ajfa-716	140	14	worldwide	worldwide	ADV
ajfa-716	140	15	that	that	PRON
ajfa-716	140	16	have	have	AUX
ajfa-716	140	17	established	establish	VERB
ajfa-716	140	18	equity	equity	NOUN
ajfa-716	140	19	market	market	NOUN
ajfa-716	140	20	indexes	index	NOUN
ajfa-716	140	21	and	and	CCONJ
ajfa-716	140	22	periodic	periodic	ADJ
ajfa-716	140	23	reports	report	NOUN
ajfa-716	140	24	on	on	ADP
ajfa-716	140	25	socio	socio	NOUN
ajfa-716	140	26	-	-	PUNCT
ajfa-716	140	27	economic	economic	ADJ
ajfa-716	140	28	indicators	indicator	NOUN
ajfa-716	140	29	.	.	PUNCT
ajfa-716	141	1	taiwan	taiwan	PROPN
ajfa-716	141	2	was	be	AUX
ajfa-716	141	3	not	not	PART
ajfa-716	141	4	included	include	VERB
ajfa-716	141	5	since	since	SCONJ
ajfa-716	141	6	the	the	DET
ajfa-716	141	7	country	country	NOUN
ajfa-716	141	8	’s	’s	PART
ajfa-716	141	9	socio	socio	NOUN
ajfa-716	141	10	-	-	PUNCT
ajfa-716	141	11	economic	economic	ADJ
ajfa-716	141	12	data	datum	NOUN
ajfa-716	141	13	were	be	AUX
ajfa-716	141	14	not	not	PART
ajfa-716	141	15	available	available	ADJ
ajfa-716	141	16	through	through	ADP
ajfa-716	141	17	imf	imf	PROPN
ajfa-716	141	18	or	or	CCONJ
ajfa-716	141	19	world	world	NOUN
ajfa-716	141	20	bank	bank	PROPN
ajfa-716	141	21	as	as	SCONJ
ajfa-716	141	22	taiwan	taiwan	PROPN
ajfa-716	141	23	is	be	AUX
ajfa-716	141	24	not	not	PART
ajfa-716	141	25	a	a	DET
ajfa-716	141	26	member	member	NOUN
ajfa-716	141	27	of	of	ADP
ajfa-716	141	28	these	these	DET
ajfa-716	141	29	organisations	organisation	NOUN
ajfa-716	141	30	.	.	PUNCT
ajfa-716	142	1	laos	laos	PROPN
ajfa-716	142	2	,	,	PUNCT
ajfa-716	142	3	myanmar	myanmar	PROPN
ajfa-716	142	4	,	,	PUNCT
ajfa-716	142	5	vietnam	vietnam	PROPN
ajfa-716	142	6	and	and	CCONJ
ajfa-716	142	7	other	other	ADJ
ajfa-716	142	8	pacific	pacific	ADJ
ajfa-716	142	9	countries	country	NOUN
ajfa-716	142	10	were	be	AUX
ajfa-716	142	11	excluded	exclude	VERB
ajfa-716	142	12	due	due	ADP
ajfa-716	142	13	to	to	ADP
ajfa-716	142	14	insufficient	insufficient	ADJ
ajfa-716	142	15	or	or	CCONJ
ajfa-716	142	16	unavailability	unavailability	NOUN
ajfa-716	142	17	of	of	ADP
ajfa-716	142	18	data	datum	NOUN
ajfa-716	142	19	.	.	PUNCT
ajfa-716	143	1	asian	asian	ADJ
ajfa-716	143	2	journal	journal	PROPN
ajfa-716	143	3	of	of	ADP
ajfa-716	143	4	finance	finance	PROPN
ajfa-716	143	5	&	&	CCONJ
ajfa-716	143	6	accounting	accounting	PROPN
ajfa-716	143	7	issn	issn	PROPN
ajfa-716	143	8	1946	1946	NUM
ajfa-716	143	9	-	-	PUNCT
ajfa-716	143	10	052x	052x	NOUN
ajfa-716	143	11	2011	2011	NUM
ajfa-716	143	12	,	,	PUNCT
ajfa-716	143	13	vol	vol	NOUN
ajfa-716	143	14	.	.	PROPN
ajfa-716	144	1	3	3	NUM
ajfa-716	144	2	,	,	PUNCT
ajfa-716	144	3	no	no	INTJ
ajfa-716	144	4	.	.	NOUN
ajfa-716	144	5	1	1	NUM
ajfa-716	144	6	:	:	PUNCT
ajfa-716	144	7	e7	e7	PROPN
ajfa-716	144	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	144	9	111	111	NUM
ajfa-716	144	10	4	4	NUM
ajfa-716	144	11	.	.	PUNCT
ajfa-716	144	12	results	result	VERB
ajfa-716	144	13	this	this	DET
ajfa-716	144	14	section	section	NOUN
ajfa-716	144	15	presents	present	VERB
ajfa-716	144	16	the	the	DET
ajfa-716	144	17	summary	summary	NOUN
ajfa-716	144	18	statistics	statistic	NOUN
ajfa-716	144	19	and	and	CCONJ
ajfa-716	144	20	performance	performance	NOUN
ajfa-716	144	21	ranking	ranking	NOUN
ajfa-716	144	22	results	result	NOUN
ajfa-716	144	23	of	of	ADP
ajfa-716	144	24	msci	msci	PROPN
ajfa-716	144	25	returns	return	NOUN
ajfa-716	144	26	,	,	PUNCT
ajfa-716	144	27	gdp	gdp	NOUN
ajfa-716	144	28	growth	growth	NOUN
ajfa-716	144	29	rates	rate	NOUN
ajfa-716	144	30	,	,	PUNCT
ajfa-716	144	31	and	and	CCONJ
ajfa-716	144	32	hdi	hdi	PROPN
ajfa-716	144	33	.	.	PUNCT
ajfa-716	145	1	the	the	DET
ajfa-716	145	2	analysis	analysis	NOUN
ajfa-716	145	3	has	have	VERB
ajfa-716	145	4	two	two	NUM
ajfa-716	145	5	components	component	NOUN
ajfa-716	145	6	:	:	PUNCT
ajfa-716	145	7	(	(	PUNCT
ajfa-716	145	8	1	1	X
ajfa-716	145	9	)	)	PUNCT
ajfa-716	145	10	an	an	DET
ajfa-716	145	11	examination	examination	NOUN
ajfa-716	145	12	of	of	ADP
ajfa-716	145	13	performance	performance	NOUN
ajfa-716	145	14	rankings	ranking	NOUN
ajfa-716	145	15	during	during	ADP
ajfa-716	145	16	the	the	DET
ajfa-716	145	17	east	east	ADJ
ajfa-716	145	18	asian	asian	ADJ
ajfa-716	145	19	financial	financial	ADJ
ajfa-716	145	20	crisis	crisis	NOUN
ajfa-716	145	21	around	around	ADP
ajfa-716	145	22	1997	1997	NUM
ajfa-716	145	23	and	and	CCONJ
ajfa-716	145	24	the	the	DET
ajfa-716	145	25	us	us	PROPN
ajfa-716	145	26	credit	credit	NOUN
ajfa-716	145	27	crunch	crunch	NOUN
ajfa-716	145	28	/	/	SYM
ajfa-716	145	29	global	global	ADJ
ajfa-716	145	30	financial	financial	ADJ
ajfa-716	145	31	crisis	crisis	NOUN
ajfa-716	145	32	in	in	ADP
ajfa-716	145	33	2007	2007	NUM
ajfa-716	145	34	;	;	PUNCT
ajfa-716	145	35	and	and	CCONJ
ajfa-716	145	36	(	(	PUNCT
ajfa-716	145	37	2	2	X
ajfa-716	145	38	)	)	PUNCT
ajfa-716	145	39	performance	performance	NOUN
ajfa-716	145	40	ranking	rank	VERB
ajfa-716	145	41	on	on	ADP
ajfa-716	145	42	selected	select	VERB
ajfa-716	145	43	financial	financial	ADJ
ajfa-716	145	44	,	,	PUNCT
ajfa-716	145	45	economic	economic	ADJ
ajfa-716	145	46	and	and	CCONJ
ajfa-716	145	47	socio	socio	NOUN
ajfa-716	145	48	-	-	PUNCT
ajfa-716	145	49	economic	economic	ADJ
ajfa-716	145	50	variables	variable	NOUN
ajfa-716	145	51	.	.	PUNCT
ajfa-716	146	1	the	the	DET
ajfa-716	146	2	statistical	statistical	ADJ
ajfa-716	146	3	summary	summary	NOUN
ajfa-716	146	4	is	be	AUX
ajfa-716	146	5	presented	present	VERB
ajfa-716	146	6	in	in	ADP
ajfa-716	146	7	table	table	NOUN
ajfa-716	146	8	1	1	NUM
ajfa-716	146	9	.	.	PUNCT
ajfa-716	147	1	for	for	ADP
ajfa-716	147	2	msci	msci	PROPN
ajfa-716	147	3	returns	return	NOUN
ajfa-716	147	4	,	,	PUNCT
ajfa-716	147	5	sri	sri	PROPN
ajfa-716	147	6	lanka	lanka	PROPN
ajfa-716	147	7	has	have	VERB
ajfa-716	147	8	the	the	DET
ajfa-716	147	9	widest	wide	ADJ
ajfa-716	147	10	range	range	NOUN
ajfa-716	147	11	of	of	ADP
ajfa-716	147	12	248.25	248.25	NUM
ajfa-716	147	13	%	%	NOUN
ajfa-716	147	14	,	,	PUNCT
ajfa-716	147	15	a	a	DET
ajfa-716	147	16	standard	standard	ADJ
ajfa-716	147	17	deviation	deviation	NOUN
ajfa-716	147	18	of	of	ADP
ajfa-716	147	19	56.50	56.50	NUM
ajfa-716	147	20	%	%	NOUN
ajfa-716	147	21	and	and	CCONJ
ajfa-716	147	22	a	a	DET
ajfa-716	147	23	mean	mean	NOUN
ajfa-716	147	24	of	of	ADP
ajfa-716	147	25	19.75	19.75	NUM
ajfa-716	147	26	%	%	NOUN
ajfa-716	147	27	.	.	PUNCT
ajfa-716	148	1	australia	australia	PROPN
ajfa-716	148	2	has	have	VERB
ajfa-716	148	3	the	the	DET
ajfa-716	148	4	lowest	low	ADJ
ajfa-716	148	5	range	range	NOUN
ajfa-716	148	6	:	:	PUNCT
ajfa-716	148	7	msci	msci	PROPN
ajfa-716	148	8	returns	return	NOUN
ajfa-716	148	9	of	of	ADP
ajfa-716	148	10	73.99	73.99	NUM
ajfa-716	148	11	%	%	NOUN
ajfa-716	148	12	,	,	PUNCT
ajfa-716	148	13	a	a	DET
ajfa-716	148	14	standard	standard	ADJ
ajfa-716	148	15	deviation	deviation	NOUN
ajfa-716	148	16	of	of	ADP
ajfa-716	148	17	17.24	17.24	NUM
ajfa-716	148	18	%	%	NOUN
ajfa-716	148	19	and	and	CCONJ
ajfa-716	148	20	a	a	DET
ajfa-716	148	21	mean	mean	NOUN
ajfa-716	148	22	of	of	ADP
ajfa-716	148	23	8.18	8.18	NUM
ajfa-716	148	24	%	%	NOUN
ajfa-716	148	25	.	.	PUNCT
ajfa-716	149	1	for	for	ADP
ajfa-716	149	2	gdp	gdp	NOUN
ajfa-716	149	3	growth	growth	NOUN
ajfa-716	149	4	,	,	PUNCT
ajfa-716	149	5	indonesia	indonesia	PROPN
ajfa-716	149	6	has	have	VERB
ajfa-716	149	7	the	the	DET
ajfa-716	149	8	broadest	broad	ADJ
ajfa-716	149	9	range	range	NOUN
ajfa-716	149	10	of	of	ADP
ajfa-716	149	11	41.73	41.73	NUM
ajfa-716	149	12	%	%	NOUN
ajfa-716	149	13	,	,	PUNCT
ajfa-716	149	14	a	a	DET
ajfa-716	149	15	standard	standard	ADJ
ajfa-716	149	16	deviation	deviation	NOUN
ajfa-716	149	17	of	of	ADP
ajfa-716	149	18	9.47	9.47	NUM
ajfa-716	149	19	%	%	NOUN
ajfa-716	149	20	and	and	CCONJ
ajfa-716	149	21	a	a	DET
ajfa-716	149	22	mean	mean	NOUN
ajfa-716	149	23	of	of	ADP
ajfa-716	149	24	19.54	19.54	NUM
ajfa-716	149	25	%	%	NOUN
ajfa-716	149	26	,	,	PUNCT
ajfa-716	149	27	which	which	PRON
ajfa-716	149	28	is	be	AUX
ajfa-716	149	29	the	the	DET
ajfa-716	149	30	highest	high	ADJ
ajfa-716	149	31	among	among	ADP
ajfa-716	149	32	the	the	DET
ajfa-716	149	33	sample	sample	NOUN
ajfa-716	149	34	countries	country	NOUN
ajfa-716	149	35	for	for	ADP
ajfa-716	149	36	the	the	DET
ajfa-716	149	37	sample	sample	NOUN
ajfa-716	149	38	period	period	NOUN
ajfa-716	149	39	.	.	PUNCT
ajfa-716	150	1	indonesia	indonesia	PROPN
ajfa-716	150	2	also	also	ADV
ajfa-716	150	3	has	have	VERB
ajfa-716	150	4	the	the	DET
ajfa-716	150	5	highest	high	ADJ
ajfa-716	150	6	mean	mean	ADJ
ajfa-716	150	7	msci	msci	PROPN
ajfa-716	150	8	returns	return	NOUN
ajfa-716	150	9	during	during	ADP
ajfa-716	150	10	the	the	DET
ajfa-716	150	11	sample	sample	NOUN
ajfa-716	150	12	period	period	NOUN
ajfa-716	150	13	.	.	PUNCT
ajfa-716	151	1	in	in	ADP
ajfa-716	151	2	contrast	contrast	NOUN
ajfa-716	151	3	,	,	PUNCT
ajfa-716	151	4	new	new	PROPN
ajfa-716	151	5	zealand	zealand	PROPN
ajfa-716	151	6	has	have	AUX
ajfa-716	151	7	been	be	AUX
ajfa-716	151	8	more	more	ADV
ajfa-716	151	9	stable	stable	ADJ
ajfa-716	151	10	with	with	ADP
ajfa-716	151	11	the	the	DET
ajfa-716	151	12	smallest	small	ADJ
ajfa-716	151	13	range	range	NOUN
ajfa-716	151	14	of	of	ADP
ajfa-716	151	15	gdp	gdp	NOUN
ajfa-716	151	16	growth	growth	NOUN
ajfa-716	151	17	at	at	ADP
ajfa-716	151	18	6.94	6.94	NUM
ajfa-716	151	19	%	%	NOUN
ajfa-716	151	20	,	,	PUNCT
ajfa-716	151	21	a	a	DET
ajfa-716	151	22	standard	standard	ADJ
ajfa-716	151	23	deviation	deviation	NOUN
ajfa-716	151	24	of	of	ADP
ajfa-716	151	25	2.19	2.19	NUM
ajfa-716	151	26	%	%	NOUN
ajfa-716	151	27	,	,	PUNCT
ajfa-716	151	28	and	and	CCONJ
ajfa-716	151	29	a	a	DET
ajfa-716	151	30	mean	mean	NOUN
ajfa-716	151	31	of	of	ADP
ajfa-716	151	32	5.42	5.42	NUM
ajfa-716	151	33	%	%	NOUN
ajfa-716	151	34	.	.	PUNCT
ajfa-716	152	1	4.1	4.1	NUM
ajfa-716	152	2	performance	performance	NOUN
ajfa-716	152	3	rankings	ranking	NOUN
ajfa-716	152	4	in	in	ADP
ajfa-716	152	5	times	time	NOUN
ajfa-716	152	6	of	of	ADP
ajfa-716	152	7	crisis	crisis	NOUN
ajfa-716	152	8	4.1.1	4.1.1	NOUN
ajfa-716	152	9	the	the	DET
ajfa-716	152	10	1997	1997	NUM
ajfa-716	152	11	east	east	NOUN
ajfa-716	152	12	asian	asian	ADJ
ajfa-716	152	13	financial	financial	ADJ
ajfa-716	152	14	crisis	crisis	NOUN
ajfa-716	152	15	in	in	ADP
ajfa-716	152	16	the	the	DET
ajfa-716	152	17	1980s	1980	NOUN
ajfa-716	152	18	and	and	CCONJ
ajfa-716	152	19	early	early	ADJ
ajfa-716	152	20	1990s	1990	NOUN
ajfa-716	152	21	,	,	PUNCT
ajfa-716	152	22	the	the	DET
ajfa-716	152	23	“	"	PUNCT
ajfa-716	152	24	east	east	ADJ
ajfa-716	152	25	asian	asian	ADJ
ajfa-716	152	26	tigers	tiger	NOUN
ajfa-716	152	27	”	"	PUNCT
ajfa-716	152	28	or	or	CCONJ
ajfa-716	152	29	“	"	PUNCT
ajfa-716	152	30	dragons	dragon	NOUN
ajfa-716	152	31	”	"	PUNCT
ajfa-716	152	32	(	(	PUNCT
ajfa-716	152	33	hong	hong	PROPN
ajfa-716	152	34	kong	kong	PROPN
ajfa-716	152	35	,	,	PUNCT
ajfa-716	152	36	singapore	singapore	PROPN
ajfa-716	152	37	,	,	PUNCT
ajfa-716	152	38	korea	korea	PROPN
ajfa-716	152	39	,	,	PUNCT
ajfa-716	152	40	and	and	CCONJ
ajfa-716	152	41	taiwan	taiwan	PROPN
ajfa-716	152	42	)	)	PUNCT
ajfa-716	152	43	received	receive	VERB
ajfa-716	152	44	attention	attention	NOUN
ajfa-716	152	45	from	from	ADP
ajfa-716	152	46	the	the	DET
ajfa-716	152	47	rest	rest	NOUN
ajfa-716	152	48	of	of	ADP
ajfa-716	152	49	the	the	DET
ajfa-716	152	50	world	world	NOUN
ajfa-716	152	51	for	for	ADP
ajfa-716	152	52	their	their	PRON
ajfa-716	152	53	double	double	ADJ
ajfa-716	152	54	-	-	PUNCT
ajfa-716	152	55	digit	digit	NOUN
ajfa-716	152	56	economic	economic	ADJ
ajfa-716	152	57	growth	growth	NOUN
ajfa-716	152	58	.	.	PUNCT
ajfa-716	153	1	given	give	VERB
ajfa-716	153	2	their	their	PRON
ajfa-716	153	3	stellar	stellar	ADJ
ajfa-716	153	4	economic	economic	ADJ
ajfa-716	153	5	performance	performance	NOUN
ajfa-716	153	6	,	,	PUNCT
ajfa-716	153	7	special	special	ADJ
ajfa-716	153	8	attention	attention	NOUN
ajfa-716	153	9	is	be	AUX
ajfa-716	153	10	paid	pay	VERB
ajfa-716	153	11	to	to	PART
ajfa-716	153	12	compare	compare	VERB
ajfa-716	153	13	performances	performance	NOUN
ajfa-716	153	14	with	with	ADP
ajfa-716	153	15	other	other	ADJ
ajfa-716	153	16	countries	country	NOUN
ajfa-716	153	17	in	in	ADP
ajfa-716	153	18	the	the	DET
ajfa-716	153	19	asia	asia	PROPN
ajfa-716	153	20	-	-	PUNCT
ajfa-716	153	21	pacific	pacific	PROPN
ajfa-716	153	22	during	during	ADP
ajfa-716	153	23	the	the	DET
ajfa-716	153	24	years	year	NOUN
ajfa-716	153	25	surrounding	surround	VERB
ajfa-716	153	26	the	the	DET
ajfa-716	153	27	1997	1997	NUM
ajfa-716	153	28	crisis	crisis	NOUN
ajfa-716	153	29	.	.	PUNCT
ajfa-716	154	1	asian	asian	ADJ
ajfa-716	154	2	journal	journal	PROPN
ajfa-716	154	3	of	of	ADP
ajfa-716	154	4	finance	finance	PROPN
ajfa-716	154	5	&	&	CCONJ
ajfa-716	154	6	accounting	accounting	PROPN
ajfa-716	154	7	issn	issn	PROPN
ajfa-716	154	8	1946	1946	NUM
ajfa-716	154	9	-	-	PUNCT
ajfa-716	154	10	052x	052x	NOUN
ajfa-716	154	11	2011	2011	NUM
ajfa-716	154	12	,	,	PUNCT
ajfa-716	154	13	vol	vol	NOUN
ajfa-716	154	14	.	.	PROPN
ajfa-716	155	1	3	3	NUM
ajfa-716	155	2	,	,	PUNCT
ajfa-716	155	3	no	no	INTJ
ajfa-716	155	4	.	.	NOUN
ajfa-716	155	5	1	1	NUM
ajfa-716	155	6	:	:	PUNCT
ajfa-716	155	7	e7	e7	PROPN
ajfa-716	155	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	155	9	112	112	NUM
ajfa-716	155	10	table	table	NOUN
ajfa-716	155	11	1	1	NUM
ajfa-716	155	12	.	.	PUNCT
ajfa-716	156	1	summary	summary	NOUN
ajfa-716	156	2	statistics	statistic	NOUN
ajfa-716	156	3	(	(	PUNCT
ajfa-716	156	4	1993	1993	NUM
ajfa-716	156	5	-	-	SYM
ajfa-716	156	6	2009	2009	NUM
ajfa-716	156	7	)	)	PUNCT
ajfa-716	156	8	msci	msci	PROPN
ajfa-716	156	9	returns	return	VERB
ajfa-716	156	10	gdp	gdp	NOUN
ajfa-716	156	11	growth	growth	PROPN
ajfa-716	156	12	msci	msci	PROPN
ajfa-716	156	13	returns	return	VERB
ajfa-716	156	14	gdp	gdp	NOUN
ajfa-716	156	15	growth	growth	PROPN
ajfa-716	156	16	msci	msci	PROPN
ajfa-716	156	17	returns	return	VERB
ajfa-716	156	18	gdp	gdp	PROPN
ajfa-716	156	19	growth	growth	PROPN
ajfa-716	156	20	australia	australia	PROPN
ajfa-716	156	21	australia	australia	PROPN
ajfa-716	156	22	china	china	PROPN
ajfa-716	156	23	china	china	PROPN
ajfa-716	156	24	hong	hong	PROPN
ajfa-716	156	25	kong	kong	PROPN
ajfa-716	156	26	hong	hong	PROPN
ajfa-716	156	27	kong	kong	PROPN
ajfa-716	156	28	mean	mean	VERB
ajfa-716	156	29	8.18	8.18	NUM
ajfa-716	156	30	6.42	6.42	NUM
ajfa-716	156	31	6.38	6.38	NUM
ajfa-716	156	32	16.14	16.14	NUM
ajfa-716	156	33	6.48	6.48	NUM
ajfa-716	156	34	3.64	3.64	NUM
ajfa-716	156	35	maximum	maximum	NOUN
ajfa-716	156	36	34.06	34.06	NUM
ajfa-716	156	37	9.12	9.12	NUM
ajfa-716	156	38	80.27	80.27	NUM
ajfa-716	156	39	35.95	35.95	NUM
ajfa-716	156	40	55.38	55.38	NUM
ajfa-716	156	41	8.47	8.47	NUM
ajfa-716	156	42	minimum	minimum	NOUN
ajfa-716	156	43	-39.93	-39.93	PROPN
ajfa-716	156	44	1.55	1.55	NUM
ajfa-716	156	45	-52.23	-52.23	SYM
ajfa-716	156	46	3.63	3.63	NUM
ajfa-716	156	47	-53.16	-53.16	PROPN
ajfa-716	156	48	-6.03	-6.03	NUM
ajfa-716	156	49	range	range	NOUN
ajfa-716	156	50	73.99	73.99	NUM
ajfa-716	156	51	7.57	7.57	NUM
ajfa-716	156	52	132.50	132.50	NUM
ajfa-716	156	53	32.31	32.31	NUM
ajfa-716	156	54	108.54	108.54	NUM
ajfa-716	156	55	14.49	14.49	NUM
ajfa-716	156	56	standard	standard	ADJ
ajfa-716	156	57	deviation	deviation	NOUN
ajfa-716	156	58	17.24	17.24	NUM
ajfa-716	156	59	1.76	1.76	NUM
ajfa-716	156	60	44.85	44.85	NUM
ajfa-716	156	61	8.92	8.92	NUM
ajfa-716	156	62	31.52	31.52	NUM
ajfa-716	156	63	3.86	3.86	NUM
ajfa-716	156	64	india	india	PROPN
ajfa-716	156	65	india	india	PROPN
ajfa-716	156	66	indonesia	indonesia	PROPN
ajfa-716	156	67	indonesia	indonesia	PROPN
ajfa-716	156	68	japan	japan	PROPN
ajfa-716	156	69	japan	japan	PROPN
ajfa-716	156	70	mean	mean	VERB
ajfa-716	156	71	19.49	19.49	NUM
ajfa-716	156	72	13.32	13.32	NUM
ajfa-716	156	73	23.95	23.95	NUM
ajfa-716	156	74	19.54	19.54	NUM
ajfa-716	156	75	0.69	0.69	NUM
ajfa-716	156	76	-0.06	-0.06	NUM
ajfa-716	156	77	maximum	maximum	PROPN
ajfa-716	156	78	91.51	91.51	NUM
ajfa-716	156	79	17.87	17.87	NUM
ajfa-716	156	80	106.47	106.47	NUM
ajfa-716	156	81	52.26	52.26	NUM
ajfa-716	156	82	45.69	45.69	NUM
ajfa-716	156	83	2.11	2.11	NUM
ajfa-716	156	84	minimum	minimum	NOUN
ajfa-716	156	85	-56.82	-56.82	PROPN
ajfa-716	156	86	7.70	7.70	NUM
ajfa-716	156	87	-50.76	-50.76	SYM
ajfa-716	156	88	10.53	10.53	NUM
ajfa-716	156	89	-43.62	-43.62	NUM
ajfa-716	156	90	-6.12	-6.12	PRON
ajfa-716	156	91	range	range	NOUN
ajfa-716	156	92	148.33	148.33	NUM
ajfa-716	156	93	10.17	10.17	NUM
ajfa-716	156	94	157.23	157.23	NUM
ajfa-716	156	95	41.73	41.73	NUM
ajfa-716	156	96	89.31	89.31	NUM
ajfa-716	156	97	8.22	8.22	NUM
ajfa-716	156	98	standard	standard	ADJ
ajfa-716	156	99	deviation	deviation	NOUN
ajfa-716	156	100	41.28	41.28	NUM
ajfa-716	156	101	3.35	3.35	NUM
ajfa-716	156	102	48.17	48.17	NUM
ajfa-716	156	103	9.47	9.47	NUM
ajfa-716	156	104	22.81	22.81	NUM
ajfa-716	156	105	2.10	2.10	NUM
ajfa-716	156	106	korea	korea	PROPN
ajfa-716	156	107	korea	korea	PROPN
ajfa-716	156	108	malaysia	malaysia	PROPN
ajfa-716	157	1	malaysia	malaysia	PROPN
ajfa-716	157	2	new	new	PROPN
ajfa-716	157	3	zealand	zealand	PROPN
ajfa-716	157	4	new	new	PROPN
ajfa-716	157	5	zealand	zealand	PROPN
ajfa-716	157	6	mean	mean	PROPN
ajfa-716	157	7	15.72	15.72	NUM
ajfa-716	157	8	9.10	9.10	NUM
ajfa-716	157	9	10.84	10.84	NUM
ajfa-716	157	10	9.43	9.43	NUM
ajfa-716	157	11	3.13	3.13	NUM
ajfa-716	157	12	5.42	5.42	NUM
ajfa-716	157	13	maximum	maximum	NOUN
ajfa-716	157	14	79.15	79.15	NUM
ajfa-716	157	15	18.31	18.31	NUM
ajfa-716	157	16	113.48	113.48	NUM
ajfa-716	157	17	18.50	18.50	NUM
ajfa-716	157	18	49.43	49.43	NUM
ajfa-716	157	19	8.16	8.16	NUM
ajfa-716	157	20	minimum	minimum	ADJ
ajfa-716	157	21	-44.55	-44.55	NUM
ajfa-716	157	22	2.01	2.01	NUM
ajfa-716	157	23	-51.62	-51.62	PROPN
ajfa-716	157	24	-8.70	-8.70	NUM
ajfa-716	157	25	-42.35	-42.35	PROPN
ajfa-716	157	26	1.22	1.22	NUM
ajfa-716	157	27	range	range	NOUN
ajfa-716	157	28	123.71	123.71	NUM
ajfa-716	157	29	16.29	16.29	NUM
ajfa-716	157	30	165.10	165.10	NUM
ajfa-716	157	31	27.20	27.20	NUM
ajfa-716	157	32	91.77	91.77	NUM
ajfa-716	157	33	6.94	6.94	NUM
ajfa-716	157	34	standard	standard	ADJ
ajfa-716	157	35	deviation	deviation	NOUN
ajfa-716	157	36	39.23	39.23	NUM
ajfa-716	157	37	4.83	4.83	NUM
ajfa-716	157	38	38.35	38.35	NUM
ajfa-716	157	39	6.85	6.85	NUM
ajfa-716	157	40	20.31	20.31	NUM
ajfa-716	157	41	2.19	2.19	NUM
ajfa-716	157	42	pakistan	pakistan	PROPN
ajfa-716	157	43	pakistan	pakistan	PROPN
ajfa-716	157	44	philippines	philippines	PROPN
ajfa-716	157	45	philippines	philippines	PROPN
ajfa-716	157	46	singapore	singapore	PROPN
ajfa-716	157	47	singapore	singapore	PROPN
ajfa-716	157	48	mean	mean	VERB
ajfa-716	157	49	18.30	18.30	NUM
ajfa-716	157	50	15.02	15.02	NUM
ajfa-716	157	51	11.46	11.46	NUM
ajfa-716	157	52	10.79	10.79	NUM
ajfa-716	157	53	10.07	10.07	NUM
ajfa-716	157	54	7.24	7.24	NUM
ajfa-716	157	55	maximum	maximum	NOUN
ajfa-716	157	56	116.65	116.65	NUM
ajfa-716	157	57	30.21	30.21	NUM
ajfa-716	157	58	155.11	155.11	NUM
ajfa-716	157	59	14.81	14.81	NUM
ajfa-716	157	60	98.99	98.99	NUM
ajfa-716	157	61	16.09	16.09	NUM
ajfa-716	157	62	minimum	minimum	NOUN
ajfa-716	157	63	-68.40	-68.40	PROPN
ajfa-716	157	64	5.77	5.77	NUM
ajfa-716	157	65	-46.77	-46.77	SYM
ajfa-716	157	66	3.64	3.64	NUM
ajfa-716	157	67	-49.50	-49.50	NOUN
ajfa-716	157	68	-3.98	-3.98	NUM
ajfa-716	157	69	range	range	VERB
ajfa-716	157	70	185.05	185.05	NUM
ajfa-716	157	71	24.44	24.44	NUM
ajfa-716	157	72	201.88	201.88	NUM
ajfa-716	157	73	11.17	11.17	NUM
ajfa-716	157	74	148.49	148.49	NUM
ajfa-716	157	75	20.07	20.07	NUM
ajfa-716	157	76	standard	standard	ADJ
ajfa-716	157	77	deviation	deviation	NOUN
ajfa-716	157	78	51.87	51.87	NUM
ajfa-716	157	79	5.98	5.98	NUM
ajfa-716	157	80	48.06	48.06	NUM
ajfa-716	157	81	2.60	2.60	NUM
ajfa-716	157	82	37.93	37.93	NUM
ajfa-716	157	83	6.90	6.90	NUM
ajfa-716	157	84	sri	sri	PROPN
ajfa-716	157	85	lanka	lanka	PROPN
ajfa-716	157	86	sri	sri	PROPN
ajfa-716	157	87	lanka	lanka	PROPN
ajfa-716	157	88	thailand	thailand	PROPN
ajfa-716	157	89	thailand	thailand	PROPN
ajfa-716	157	90	mean	mean	VERB
ajfa-716	157	91	19.75	19.75	NUM
ajfa-716	157	92	15.42	15.42	NUM
ajfa-716	157	93	9.65	9.65	NUM
ajfa-716	157	94	7.19	7.19	NUM
ajfa-716	157	95	maximum	maximum	NOUN
ajfa-716	157	96	187.67	187.67	NUM
ajfa-716	157	97	23.25	23.25	NUM
ajfa-716	157	98	115.37	115.37	NUM
ajfa-716	157	99	15.34	15.34	NUM
ajfa-716	157	100	minimum	minimum	NOUN
ajfa-716	158	1	-60.58	-60.58	NUM
ajfa-716	158	2	8.64	8.64	NUM
ajfa-716	158	3	-51.79	-51.79	NOUN
ajfa-716	158	4	-2.24	-2.24	NUM
ajfa-716	158	5	range	range	NOUN
ajfa-716	158	6	248.25	248.25	NUM
ajfa-716	158	7	14.61	14.61	NUM
ajfa-716	158	8	167.15	167.15	NUM
ajfa-716	158	9	17.59	17.59	NUM
ajfa-716	158	10	standard	standard	ADJ
ajfa-716	158	11	deviation	deviation	NOUN
ajfa-716	158	12	56.50	56.50	NUM
ajfa-716	158	13	3.92	3.92	NUM
ajfa-716	158	14	49.49	49.49	NUM
ajfa-716	158	15	5.02	5.02	NUM
ajfa-716	158	16	asian	asian	ADJ
ajfa-716	158	17	journal	journal	NOUN
ajfa-716	158	18	of	of	ADP
ajfa-716	158	19	finance	finance	PROPN
ajfa-716	158	20	&	&	CCONJ
ajfa-716	158	21	accounting	accounting	PROPN
ajfa-716	158	22	issn	issn	PROPN
ajfa-716	158	23	1946	1946	NUM
ajfa-716	158	24	-	-	PUNCT
ajfa-716	158	25	052x	052x	NOUN
ajfa-716	158	26	2011	2011	NUM
ajfa-716	158	27	,	,	PUNCT
ajfa-716	158	28	vol	vol	NOUN
ajfa-716	158	29	.	.	PROPN
ajfa-716	158	30	3	3	NUM
ajfa-716	158	31	,	,	PUNCT
ajfa-716	158	32	no	no	INTJ
ajfa-716	158	33	.	.	NOUN
ajfa-716	158	34	1	1	NUM
ajfa-716	158	35	:	:	PUNCT
ajfa-716	158	36	e7	e7	PROPN
ajfa-716	158	37	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	158	38	113	113	NUM
ajfa-716	158	39	as	as	SCONJ
ajfa-716	158	40	shown	show	VERB
ajfa-716	158	41	in	in	ADP
ajfa-716	158	42	tables	table	NOUN
ajfa-716	158	43	2a	2a	NUM
ajfa-716	158	44	and	and	CCONJ
ajfa-716	158	45	2b	2b	NOUN
ajfa-716	158	46	,	,	PUNCT
ajfa-716	158	47	all	all	DET
ajfa-716	158	48	east	east	ADJ
ajfa-716	158	49	asian	asian	ADJ
ajfa-716	158	50	countries	country	NOUN
ajfa-716	158	51	experienced	experience	VERB
ajfa-716	158	52	negative	negative	ADJ
ajfa-716	158	53	msci	msci	PROPN
ajfa-716	158	54	returns	return	NOUN
ajfa-716	158	55	in	in	ADP
ajfa-716	158	56	1997	1997	NUM
ajfa-716	158	57	,	,	PUNCT
ajfa-716	158	58	with	with	ADP
ajfa-716	158	59	thailand	thailand	PROPN
ajfa-716	158	60	registering	register	VERB
ajfa-716	158	61	a	a	DET
ajfa-716	158	62	low	low	ADJ
ajfa-716	158	63	-51.79	-51.79	NOUN
ajfa-716	158	64	%	%	NOUN
ajfa-716	158	65	.	.	PUNCT
ajfa-716	159	1	thailand	thailand	PROPN
ajfa-716	159	2	’s	’s	PART
ajfa-716	159	3	low	low	ADJ
ajfa-716	159	4	ranking	ranking	NOUN
ajfa-716	159	5	for	for	ADP
ajfa-716	159	6	the	the	DET
ajfa-716	159	7	years	year	NOUN
ajfa-716	159	8	1996	1996	NUM
ajfa-716	159	9	and	and	CCONJ
ajfa-716	159	10	1997	1997	NUM
ajfa-716	159	11	reflects	reflect	VERB
ajfa-716	159	12	the	the	DET
ajfa-716	159	13	fact	fact	NOUN
ajfa-716	159	14	that	that	SCONJ
ajfa-716	159	15	the	the	DET
ajfa-716	159	16	1997	1997	NUM
ajfa-716	159	17	east	east	NOUN
ajfa-716	159	18	asian	asian	ADJ
ajfa-716	159	19	financial	financial	ADJ
ajfa-716	159	20	crisis	crisis	NOUN
ajfa-716	159	21	started	start	VERB
ajfa-716	159	22	or	or	CCONJ
ajfa-716	159	23	first	first	ADV
ajfa-716	159	24	manifested	manifest	VERB
ajfa-716	159	25	itself	itself	PRON
ajfa-716	159	26	in	in	ADP
ajfa-716	159	27	thailand	thailand	PROPN
ajfa-716	159	28	.	.	PUNCT
ajfa-716	160	1	by	by	ADP
ajfa-716	160	2	gdp	gdp	NOUN
ajfa-716	160	3	growth	growth	NOUN
ajfa-716	160	4	,	,	PUNCT
ajfa-716	160	5	thailand	thailand	PROPN
ajfa-716	160	6	was	be	AUX
ajfa-716	160	7	also	also	ADV
ajfa-716	160	8	ranked	rank	VERB
ajfa-716	160	9	at	at	ADP
ajfa-716	160	10	the	the	DET
ajfa-716	160	11	bottom	bottom	ADJ
ajfa-716	160	12	three	three	NUM
ajfa-716	160	13	in	in	ADP
ajfa-716	160	14	1997	1997	NUM
ajfa-716	160	15	and	and	CCONJ
ajfa-716	160	16	1998	1998	NUM
ajfa-716	160	17	.	.	PUNCT
ajfa-716	161	1	by	by	ADP
ajfa-716	161	2	contrast	contrast	NOUN
ajfa-716	161	3	,	,	PUNCT
ajfa-716	161	4	countries	country	NOUN
ajfa-716	161	5	outside	outside	ADP
ajfa-716	161	6	the	the	DET
ajfa-716	161	7	region	region	NOUN
ajfa-716	161	8	,	,	PUNCT
ajfa-716	161	9	like	like	ADP
ajfa-716	161	10	pakistan	pakistan	PROPN
ajfa-716	161	11	and	and	CCONJ
ajfa-716	161	12	sri	sri	PROPN
ajfa-716	161	13	lanka	lanka	PROPN
ajfa-716	161	14	,	,	PUNCT
ajfa-716	161	15	were	be	AUX
ajfa-716	161	16	ranked	rank	VERB
ajfa-716	161	17	within	within	ADP
ajfa-716	161	18	the	the	DET
ajfa-716	161	19	top	top	ADJ
ajfa-716	161	20	three	three	NUM
ajfa-716	161	21	in	in	ADP
ajfa-716	161	22	1997	1997	NUM
ajfa-716	161	23	,	,	PUNCT
ajfa-716	161	24	in	in	ADP
ajfa-716	161	25	terms	term	NOUN
ajfa-716	161	26	of	of	ADP
ajfa-716	161	27	the	the	DET
ajfa-716	161	28	msci	msci	PROPN
ajfa-716	161	29	returns	return	NOUN
ajfa-716	161	30	and	and	CCONJ
ajfa-716	161	31	gdp	gdp	NOUN
ajfa-716	161	32	growth	growth	NOUN
ajfa-716	161	33	.	.	PUNCT
ajfa-716	162	1	indonesia	indonesia	PROPN
ajfa-716	162	2	had	have	VERB
ajfa-716	162	3	the	the	DET
ajfa-716	162	4	highest	high	ADJ
ajfa-716	162	5	gdp	gdp	NOUN
ajfa-716	162	6	growth	growth	NOUN
ajfa-716	162	7	,	,	PUNCT
ajfa-716	162	8	but	but	CCONJ
ajfa-716	162	9	it	it	PRON
ajfa-716	162	10	had	have	VERB
ajfa-716	162	11	one	one	NUM
ajfa-716	162	12	of	of	ADP
ajfa-716	162	13	the	the	DET
ajfa-716	162	14	lowest	low	ADJ
ajfa-716	162	15	ranks	rank	NOUN
ajfa-716	162	16	based	base	VERB
ajfa-716	162	17	on	on	ADP
ajfa-716	162	18	msci	msci	PROPN
ajfa-716	162	19	returns	return	NOUN
ajfa-716	162	20	.	.	PUNCT
ajfa-716	163	1	table	table	NOUN
ajfa-716	163	2	2a	2a	NUM
ajfa-716	163	3	.	.	PUNCT
ajfa-716	164	1	performance	performance	NOUN
ajfa-716	164	2	rankings	ranking	NOUN
ajfa-716	164	3	by	by	ADP
ajfa-716	164	4	msci	msci	PROPN
ajfa-716	164	5	returns	return	NOUN
ajfa-716	164	6	(	(	PUNCT
ajfa-716	164	7	%	%	INTJ
ajfa-716	164	8	)	)	PUNCT
ajfa-716	164	9	around	around	ADP
ajfa-716	164	10	the	the	DET
ajfa-716	164	11	1997	1997	NUM
ajfa-716	164	12	east	east	NOUN
ajfa-716	164	13	asian	asian	ADJ
ajfa-716	164	14	financial	financial	ADJ
ajfa-716	164	15	crisis	crisis	NOUN
ajfa-716	164	16	country	country	NOUN
ajfa-716	164	17	1996	1996	NUM
ajfa-716	164	18	country	country	NOUN
ajfa-716	164	19	1997	1997	NUM
ajfa-716	164	20	country	country	NOUN
ajfa-716	164	21	1998	1998	NUM
ajfa-716	164	22	china	china	PROPN
ajfa-716	164	23	35.16	35.16	NUM
ajfa-716	164	24	pakistan	pakistan	PROPN
ajfa-716	164	25	36.36	36.36	NUM
ajfa-716	164	26	korea	korea	PROPN
ajfa-716	164	27	68.51	68.51	NUM
ajfa-716	164	28	indonesia	indonesia	PROPN
ajfa-716	164	29	29.55	29.55	NUM
ajfa-716	164	30	sri	sri	PROPN
ajfa-716	164	31	lanka	lanka	PROPN
ajfa-716	164	32	21.39	21.39	NUM
ajfa-716	164	33	hong	hong	PROPN
ajfa-716	164	34	kong	kong	PROPN
ajfa-716	164	35	55.38	55.38	NUM
ajfa-716	164	36	malaysia	malaysia	PROPN
ajfa-716	164	37	23.86	23.86	NUM
ajfa-716	164	38	india	india	PROPN
ajfa-716	164	39	19.94	19.94	NUM
ajfa-716	164	40	australia	australia	PROPN
ajfa-716	164	41	10.26	10.26	NUM
ajfa-716	164	42	philippines	philippine	NOUN
ajfa-716	164	43	17.08	17.08	NUM
ajfa-716	164	44	australia	australia	PROPN
ajfa-716	164	45	6.60	6.60	NUM
ajfa-716	164	46	philippines	philippine	NOUN
ajfa-716	164	47	9.78	9.78	NUM
ajfa-716	164	48	australia	australia	PROPN
ajfa-716	164	49	6.22	6.22	NUM
ajfa-716	164	50	new	new	PROPN
ajfa-716	164	51	zealand	zealand	PROPN
ajfa-716	164	52	1.31	1.31	NUM
ajfa-716	164	53	indonesia	indonesia	PROPN
ajfa-716	164	54	-2.19	-2.19	NUM
ajfa-716	164	55	new	new	PROPN
ajfa-716	164	56	zealand	zealand	PROPN
ajfa-716	164	57	5.03	5.03	NUM
ajfa-716	164	58	hong	hong	PROPN
ajfa-716	164	59	kong	kong	PROPN
ajfa-716	164	60	-7.62	-7.62	NOUN
ajfa-716	165	1	malaysia	malaysia	PROPN
ajfa-716	165	2	-5.60	-5.60	PROPN
ajfa-716	165	3	india	india	PROPN
ajfa-716	165	4	-1.97	-1.97	ADP
ajfa-716	165	5	japan	japan	PROPN
ajfa-716	165	6	-15.05	-15.05	PROPN
ajfa-716	165	7	japan	japan	PROPN
ajfa-716	165	8	-9.55	-9.55	PROPN
ajfa-716	165	9	japan	japan	PROPN
ajfa-716	165	10	-5.47	-5.47	PROPN
ajfa-716	165	11	singapore	singapore	PROPN
ajfa-716	165	12	-16.98	-16.98	PROPN
ajfa-716	165	13	thailand	thailand	PROPN
ajfa-716	165	14	-16.06	-16.06	PROPN
ajfa-716	165	15	pakistan	pakistan	PROPN
ajfa-716	165	16	-5.54	-5.54	PROPN
ajfa-716	165	17	china	china	PROPN
ajfa-716	165	18	-26.33	-26.33	PROPN
ajfa-716	165	19	singapore	singapore	PROPN
ajfa-716	165	20	-16.40	-16.40	PROPN
ajfa-716	165	21	singapore	singapore	PROPN
ajfa-716	165	22	-9.07	-9.07	PROPN
ajfa-716	165	23	korea	korea	PROPN
ajfa-716	165	24	-34.34	-34.34	PROPN
ajfa-716	165	25	india	india	PROPN
ajfa-716	165	26	-16.42	-16.42	PROPN
ajfa-716	165	27	sri	sri	PROPN
ajfa-716	165	28	lanka	lanka	PROPN
ajfa-716	165	29	-11.26	-11.26	PROPN
ajfa-716	165	30	indonesia	indonesia	PROPN
ajfa-716	165	31	-40.80	-40.80	PROPN
ajfa-716	165	32	new	new	PROPN
ajfa-716	165	33	zealand	zealand	PROPN
ajfa-716	166	1	-17.81	-17.81	PROPN
ajfa-716	166	2	hong	hong	PROPN
ajfa-716	166	3	kong	kong	PROPN
ajfa-716	166	4	-25.68	-25.68	PROPN
ajfa-716	166	5	philippines	philippine	NOUN
ajfa-716	166	6	-43.82	-43.82	PROPN
ajfa-716	166	7	sri	sri	PROPN
ajfa-716	166	8	lanka	lanka	PROPN
ajfa-716	166	9	-19.44	-19.44	PROPN
ajfa-716	166	10	korea	korea	PROPN
ajfa-716	166	11	-32.84	-32.84	PROPN
ajfa-716	167	1	malaysia	malaysia	PROPN
ajfa-716	167	2	-51.62	-51.62	PROPN
ajfa-716	168	1	china	china	PROPN
ajfa-716	168	2	-43.83	-43.83	PROPN
ajfa-716	168	3	thailand	thailand	PROPN
ajfa-716	169	1	-36.84	-36.84	INTJ
ajfa-716	169	2	thailand	thailand	PROPN
ajfa-716	169	3	-51.79	-51.79	PROPN
ajfa-716	169	4	pakistan	pakistan	PROPN
ajfa-716	169	5	-56.06	-56.06	PROPN
ajfa-716	169	6	source	source	NOUN
ajfa-716	169	7	:	:	PUNCT
ajfa-716	169	8	the	the	DET
ajfa-716	169	9	msci	msci	PROPN
ajfa-716	169	10	mean	mean	VERB
ajfa-716	169	11	returns	return	NOUN
ajfa-716	169	12	were	be	AUX
ajfa-716	169	13	calculated	calculate	VERB
ajfa-716	169	14	based	base	VERB
ajfa-716	169	15	on	on	ADP
ajfa-716	169	16	the	the	DET
ajfa-716	169	17	msci	msci	PROPN
ajfa-716	169	18	indexes	index	NOUN
ajfa-716	169	19	from	from	ADP
ajfa-716	169	20	bloomberg	bloomberg	PROPN
ajfa-716	169	21	.	.	PUNCT
ajfa-716	170	1	asian	asian	ADJ
ajfa-716	170	2	journal	journal	PROPN
ajfa-716	170	3	of	of	ADP
ajfa-716	170	4	finance	finance	PROPN
ajfa-716	170	5	&	&	CCONJ
ajfa-716	170	6	accounting	accounting	PROPN
ajfa-716	170	7	issn	issn	PROPN
ajfa-716	170	8	1946	1946	NUM
ajfa-716	170	9	-	-	PUNCT
ajfa-716	170	10	052x	052x	NOUN
ajfa-716	170	11	2011	2011	NUM
ajfa-716	170	12	,	,	PUNCT
ajfa-716	170	13	vol	vol	NOUN
ajfa-716	170	14	.	.	PROPN
ajfa-716	171	1	3	3	NUM
ajfa-716	171	2	,	,	PUNCT
ajfa-716	171	3	no	no	INTJ
ajfa-716	171	4	.	.	NOUN
ajfa-716	171	5	1	1	NUM
ajfa-716	172	1	:	:	PUNCT
ajfa-716	172	2	e7	e7	PROPN
ajfa-716	172	3	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	172	4	114	114	NUM
ajfa-716	172	5	table	table	NOUN
ajfa-716	172	6	2b	2b	NOUN
ajfa-716	172	7	.	.	PUNCT
ajfa-716	173	1	performance	performance	NOUN
ajfa-716	173	2	rankings	ranking	NOUN
ajfa-716	173	3	by	by	ADP
ajfa-716	173	4	gdp	gdp	NOUN
ajfa-716	173	5	growth	growth	NOUN
ajfa-716	173	6	around	around	ADP
ajfa-716	173	7	the	the	DET
ajfa-716	173	8	1997	1997	NUM
ajfa-716	173	9	east	east	NOUN
ajfa-716	173	10	asian	asian	ADJ
ajfa-716	173	11	financial	financial	ADJ
ajfa-716	173	12	crisis	crisis	NOUN
ajfa-716	173	13	rank	rank	NOUN
ajfa-716	173	14	country	country	PROPN
ajfa-716	173	15	1996	1996	NUM
ajfa-716	173	16	country	country	NOUN
ajfa-716	173	17	1997	1997	NUM
ajfa-716	173	18	country	country	NOUN
ajfa-716	173	19	1998	1998	NUM
ajfa-716	173	20	1	1	NUM
ajfa-716	173	21	china	china	PROPN
ajfa-716	173	22	17.32	17.32	NUM
ajfa-716	173	23	indonesia	indonesia	PROPN
ajfa-716	173	24	17.86	17.86	NUM
ajfa-716	173	25	indonesia	indonesia	PROPN
ajfa-716	173	26	52.26	52.26	NUM
ajfa-716	173	27	2	2	NUM
ajfa-716	173	28	indonesia	indonesia	PROPN
ajfa-716	173	29	17.17	17.17	NUM
ajfa-716	173	30	sri	sri	PROPN
ajfa-716	173	31	lanka	lanka	PROPN
ajfa-716	173	32	15.90	15.90	NUM
ajfa-716	173	33	india	india	PROPN
ajfa-716	173	34	14.67	14.67	NUM
ajfa-716	173	35	3	3	NUM
ajfa-716	173	36	india	india	PROPN
ajfa-716	173	37	15.67	15.67	NUM
ajfa-716	173	38	pakistan	pakistan	PROPN
ajfa-716	173	39	14.53	14.53	NUM
ajfa-716	173	40	sri	sri	PROPN
ajfa-716	173	41	lanka	lanka	PROPN
ajfa-716	173	42	14.35	14.35	NUM
ajfa-716	173	43	4	4	NUM
ajfa-716	173	44	sri	sri	PROPN
ajfa-716	173	45	lanka	lanka	PROPN
ajfa-716	173	46	15.03	15.03	NUM
ajfa-716	173	47	philippines	philippine	NOUN
ajfa-716	173	48	11.73	11.73	NUM
ajfa-716	173	49	pakistan	pakistan	PROPN
ajfa-716	173	50	10.27	10.27	NUM
ajfa-716	173	51	5	5	NUM
ajfa-716	173	52	malaysia	malaysia	PROPN
ajfa-716	173	53	14.05	14.05	NUM
ajfa-716	173	54	malaysia	malaysia	PROPN
ajfa-716	173	55	11.06	11.06	NUM
ajfa-716	173	56	philippines	philippine	NOUN
ajfa-716	173	57	9.82	9.82	NUM
ajfa-716	173	58	6	6	NUM
ajfa-716	173	59	philippines	philippine	NOUN
ajfa-716	173	60	13.96	13.96	NUM
ajfa-716	173	61	india	india	PROPN
ajfa-716	173	62	10.77	10.77	NUM
ajfa-716	173	63	china	china	PROPN
ajfa-716	173	64	5.97	5.97	NUM
ajfa-716	173	65	7	7	NUM
ajfa-716	173	66	pakistan	pakistan	PROPN
ajfa-716	173	67	13.63	13.63	NUM
ajfa-716	173	68	china	china	PROPN
ajfa-716	173	69	10.10	10.10	NUM
ajfa-716	173	70	australia	australia	PROPN
ajfa-716	173	71	5.48	5.48	NUM
ajfa-716	173	72	8	8	NUM
ajfa-716	173	73	korea	korea	PROPN
ajfa-716	173	74	12.48	12.48	NUM
ajfa-716	173	75	korea	korea	PROPN
ajfa-716	173	76	9.48	9.48	NUM
ajfa-716	173	77	korea	korea	PROPN
ajfa-716	173	78	2.01	2.01	NUM
ajfa-716	173	79	9	9	NUM
ajfa-716	173	80	thailand	thailand	PROPN
ajfa-716	173	81	10.15	10.15	NUM
ajfa-716	173	82	singapore	singapore	PROPN
ajfa-716	173	83	9.07	9.07	NUM
ajfa-716	173	84	new	new	PROPN
ajfa-716	173	85	zealand	zealand	PROPN
ajfa-716	173	86	1.22	1.22	NUM
ajfa-716	173	87	10	10	NUM
ajfa-716	173	88	singapore	singapore	PROPN
ajfa-716	173	89	9.70	9.70	NUM
ajfa-716	173	90	australia	australia	PROPN
ajfa-716	173	91	5.32	5.32	NUM
ajfa-716	173	92	malaysia	malaysia	NOUN
ajfa-716	173	93	0.51	0.51	NUM
ajfa-716	173	94	11	11	NUM
ajfa-716	173	95	australia	australia	PROPN
ajfa-716	173	96	6.05	6.05	NUM
ajfa-716	173	97	hong	hong	PROPN
ajfa-716	173	98	kong	kong	PROPN
ajfa-716	173	99	5.06	5.06	NUM
ajfa-716	173	100	japan	japan	PROPN
ajfa-716	173	101	-2.08	-2.08	NUM
ajfa-716	173	102	12	12	NUM
ajfa-716	173	103	new	new	PROPN
ajfa-716	173	104	zealand	zealand	PROPN
ajfa-716	173	105	4.86	4.86	NUM
ajfa-716	173	106	new	new	PROPN
ajfa-716	173	107	zealand	zealand	PROPN
ajfa-716	173	108	3.73	3.73	NUM
ajfa-716	173	109	thailand	thailand	PROPN
ajfa-716	173	110	-2.24	-2.24	NUM
ajfa-716	173	111	13	13	NUM
ajfa-716	173	112	hong	hong	PROPN
ajfa-716	173	113	kong	kong	PROPN
ajfa-716	173	114	4.19	4.19	NUM
ajfa-716	173	115	thailand	thailand	PROPN
ajfa-716	173	116	2.64	2.64	NUM
ajfa-716	173	117	singapore	singapore	PROPN
ajfa-716	173	118	-3.12	-3.12	NUM
ajfa-716	173	119	14	14	NUM
ajfa-716	173	120	japan	japan	PROPN
ajfa-716	173	121	1.99	1.99	NUM
ajfa-716	173	122	japan	japan	PROPN
ajfa-716	173	123	2.11	2.11	NUM
ajfa-716	173	124	hong	hong	PROPN
ajfa-716	173	125	kong	kong	PROPN
ajfa-716	173	126	-6.03	-6.03	PUNCT
ajfa-716	173	127	source	source	NOUN
ajfa-716	173	128	:	:	PUNCT
ajfa-716	173	129	gdp	gdp	NOUN
ajfa-716	173	130	growth	growth	NOUN
ajfa-716	173	131	rates	rate	NOUN
ajfa-716	173	132	were	be	AUX
ajfa-716	173	133	calculated	calculate	VERB
ajfa-716	173	134	based	base	VERB
ajfa-716	173	135	on	on	ADP
ajfa-716	173	136	the	the	DET
ajfa-716	173	137	nominal	nominal	ADJ
ajfa-716	173	138	gdp	gdp	NOUN
ajfa-716	173	139	in	in	ADP
ajfa-716	173	140	local	local	ADJ
ajfa-716	173	141	currencies	currency	NOUN
ajfa-716	173	142	obtained	obtain	VERB
ajfa-716	173	143	from	from	ADP
ajfa-716	173	144	imf	imf	PROPN
ajfa-716	173	145	.	.	PUNCT
ajfa-716	174	1	4.1.2	4.1.2	NUM
ajfa-716	174	2	the	the	DET
ajfa-716	174	3	2007	2007	NUM
ajfa-716	174	4	us	we	PRON
ajfa-716	174	5	global	global	ADJ
ajfa-716	174	6	financial	financial	ADJ
ajfa-716	174	7	crisis	crisis	NOUN
ajfa-716	174	8	the	the	DET
ajfa-716	174	9	2007	2007	NUM
ajfa-716	174	10	us	us	PROPN
ajfa-716	174	11	credit	credit	NOUN
ajfa-716	174	12	crunch	crunch	NOUN
ajfa-716	174	13	was	be	AUX
ajfa-716	174	14	triggered	trigger	VERB
ajfa-716	174	15	by	by	ADP
ajfa-716	174	16	a	a	DET
ajfa-716	174	17	liquidity	liquidity	NOUN
ajfa-716	174	18	shortfall	shortfall	NOUN
ajfa-716	174	19	in	in	ADP
ajfa-716	174	20	the	the	DET
ajfa-716	174	21	world	world	NOUN
ajfa-716	174	22	’s	’s	PART
ajfa-716	174	23	largest	large	ADJ
ajfa-716	174	24	economy	economy	NOUN
ajfa-716	174	25	.	.	PUNCT
ajfa-716	175	1	to	to	ADP
ajfa-716	175	2	a	a	DET
ajfa-716	175	3	greater	great	ADJ
ajfa-716	175	4	or	or	CCONJ
ajfa-716	175	5	lesser	less	ADJ
ajfa-716	175	6	extent	extent	NOUN
ajfa-716	175	7	,	,	PUNCT
ajfa-716	175	8	however	however	ADV
ajfa-716	175	9	,	,	PUNCT
ajfa-716	175	10	the	the	DET
ajfa-716	175	11	crisis	crisis	NOUN
ajfa-716	175	12	also	also	ADV
ajfa-716	175	13	affected	affect	VERB
ajfa-716	175	14	other	other	ADJ
ajfa-716	175	15	countries	country	NOUN
ajfa-716	175	16	worldwide	worldwide	ADV
ajfa-716	175	17	.	.	PUNCT
ajfa-716	176	1	the	the	DET
ajfa-716	176	2	rankings	ranking	NOUN
ajfa-716	176	3	by	by	ADP
ajfa-716	176	4	the	the	DET
ajfa-716	176	5	msci	msci	PROPN
ajfa-716	176	6	mean	mean	VERB
ajfa-716	176	7	returns	return	NOUN
ajfa-716	176	8	and	and	CCONJ
ajfa-716	176	9	nominal	nominal	ADJ
ajfa-716	176	10	gdp	gdp	NOUN
ajfa-716	176	11	growth	growth	NOUN
ajfa-716	176	12	during	during	ADP
ajfa-716	176	13	the	the	DET
ajfa-716	176	14	period	period	NOUN
ajfa-716	176	15	are	be	AUX
ajfa-716	176	16	reported	report	VERB
ajfa-716	176	17	in	in	ADP
ajfa-716	176	18	tables	table	NOUN
ajfa-716	176	19	3a	3a	NUM
ajfa-716	176	20	and	and	CCONJ
ajfa-716	176	21	3b	3b	NUM
ajfa-716	176	22	,	,	PUNCT
ajfa-716	176	23	respectively	respectively	ADV
ajfa-716	176	24	.	.	PUNCT
ajfa-716	177	1	as	as	SCONJ
ajfa-716	177	2	table	table	NOUN
ajfa-716	177	3	3a	3a	NUM
ajfa-716	177	4	shows	show	VERB
ajfa-716	177	5	,	,	PUNCT
ajfa-716	177	6	for	for	ADP
ajfa-716	177	7	the	the	DET
ajfa-716	177	8	year	year	NOUN
ajfa-716	177	9	2007	2007	NUM
ajfa-716	177	10	new	new	PROPN
ajfa-716	177	11	zealand	zealand	PROPN
ajfa-716	177	12	,	,	PUNCT
ajfa-716	177	13	japan	japan	PROPN
ajfa-716	177	14	,	,	PUNCT
ajfa-716	177	15	sri	sri	PROPN
ajfa-716	177	16	lanka	lanka	PROPN
ajfa-716	177	17	and	and	CCONJ
ajfa-716	177	18	hong	hong	PROPN
ajfa-716	177	19	kong	kong	PROPN
ajfa-716	177	20	’s	’s	PART
ajfa-716	177	21	msci	msci	PROPN
ajfa-716	177	22	returns	return	NOUN
ajfa-716	177	23	were	be	AUX
ajfa-716	177	24	negative	negative	ADJ
ajfa-716	177	25	,	,	PUNCT
ajfa-716	177	26	ranging	range	VERB
ajfa-716	177	27	from	from	ADP
ajfa-716	177	28	-4.68	-4.68	ADJ
ajfa-716	177	29	%	%	NOUN
ajfa-716	177	30	in	in	ADP
ajfa-716	177	31	new	new	PROPN
ajfa-716	177	32	zealand	zealand	PROPN
ajfa-716	177	33	to	to	ADP
ajfa-716	177	34	-53.16	-53.16	PROPN
ajfa-716	177	35	%	%	NOUN
ajfa-716	177	36	in	in	ADP
ajfa-716	177	37	hong	hong	PROPN
ajfa-716	177	38	kong	kong	PROPN
ajfa-716	177	39	.	.	PUNCT
ajfa-716	178	1	by	by	ADP
ajfa-716	178	2	gdp	gdp	NOUN
ajfa-716	178	3	growth	growth	NOUN
ajfa-716	178	4	,	,	PUNCT
ajfa-716	178	5	japan	japan	PROPN
ajfa-716	178	6	,	,	PUNCT
ajfa-716	178	7	new	new	PROPN
ajfa-716	178	8	zealand	zealand	PROPN
ajfa-716	178	9	and	and	CCONJ
ajfa-716	178	10	hong	hong	PROPN
ajfa-716	178	11	kong	kong	PROPN
ajfa-716	178	12	were	be	AUX
ajfa-716	178	13	in	in	ADP
ajfa-716	178	14	the	the	DET
ajfa-716	178	15	bottom	bottom	ADJ
ajfa-716	178	16	three	three	NUM
ajfa-716	178	17	in	in	ADP
ajfa-716	178	18	2007	2007	NUM
ajfa-716	178	19	,	,	PUNCT
ajfa-716	178	20	as	as	SCONJ
ajfa-716	178	21	shown	show	VERB
ajfa-716	178	22	in	in	ADP
ajfa-716	178	23	table	table	NOUN
ajfa-716	178	24	3b	3b	NOUN
ajfa-716	178	25	.	.	PUNCT
ajfa-716	179	1	japan	japan	PROPN
ajfa-716	179	2	remained	remain	VERB
ajfa-716	179	3	low	low	ADJ
ajfa-716	179	4	in	in	ADP
ajfa-716	179	5	terms	term	NOUN
ajfa-716	179	6	of	of	ADP
ajfa-716	179	7	gdp	gdp	NOUN
ajfa-716	179	8	growth	growth	NOUN
ajfa-716	179	9	ranking	rank	VERB
ajfa-716	179	10	in	in	ADP
ajfa-716	179	11	the	the	DET
ajfa-716	179	12	next	next	ADJ
ajfa-716	179	13	two	two	NUM
ajfa-716	179	14	years	year	NOUN
ajfa-716	179	15	.	.	PUNCT
ajfa-716	180	1	within	within	ADP
ajfa-716	180	2	the	the	DET
ajfa-716	180	3	total	total	ADJ
ajfa-716	180	4	sample	sample	NOUN
ajfa-716	180	5	period	period	NOUN
ajfa-716	180	6	,	,	PUNCT
ajfa-716	180	7	japan	japan	PROPN
ajfa-716	180	8	experienced	experience	VERB
ajfa-716	180	9	negative	negative	ADJ
ajfa-716	180	10	gdp	gdp	NOUN
ajfa-716	180	11	growth	growth	NOUN
ajfa-716	180	12	in	in	ADP
ajfa-716	180	13	the	the	DET
ajfa-716	180	14	years	year	NOUN
ajfa-716	180	15	1998	1998	NUM
ajfa-716	180	16	-	-	SYM
ajfa-716	180	17	1999	1999	NUM
ajfa-716	180	18	,	,	PUNCT
ajfa-716	180	19	2001	2001	NUM
ajfa-716	180	20	-	-	SYM
ajfa-716	180	21	2003	2003	NUM
ajfa-716	180	22	,	,	PUNCT
ajfa-716	180	23	and	and	CCONJ
ajfa-716	180	24	2008	2008	NUM
ajfa-716	180	25	-	-	SYM
ajfa-716	180	26	2009	2009	NUM
ajfa-716	180	27	,	,	PUNCT
ajfa-716	180	28	and	and	CCONJ
ajfa-716	180	29	also	also	ADV
ajfa-716	180	30	negative	negative	ADJ
ajfa-716	180	31	msci	msci	PROPN
ajfa-716	180	32	returns	return	NOUN
ajfa-716	180	33	in	in	ADP
ajfa-716	180	34	the	the	DET
ajfa-716	180	35	years	year	NOUN
ajfa-716	180	36	1996	1996	NUM
ajfa-716	180	37	-	-	SYM
ajfa-716	180	38	1998	1998	NUM
ajfa-716	180	39	,	,	PUNCT
ajfa-716	180	40	2000	2000	NUM
ajfa-716	180	41	-	-	SYM
ajfa-716	180	42	2002	2002	NUM
ajfa-716	180	43	,	,	PUNCT
ajfa-716	180	44	and	and	CCONJ
ajfa-716	180	45	2007	2007	NUM
ajfa-716	180	46	-	-	SYM
ajfa-716	180	47	2008	2008	NUM
ajfa-716	180	48	.	.	PUNCT
ajfa-716	181	1	the	the	DET
ajfa-716	181	2	highest	high	ADJ
ajfa-716	181	3	msci	msci	PROPN
ajfa-716	181	4	return	return	NOUN
ajfa-716	181	5	in	in	ADP
ajfa-716	181	6	japan	japan	PROPN
ajfa-716	181	7	was	be	AUX
ajfa-716	181	8	42.94	42.94	NUM
ajfa-716	181	9	%	%	NOUN
ajfa-716	181	10	in	in	ADP
ajfa-716	181	11	2005	2005	NUM
ajfa-716	181	12	.	.	PUNCT
ajfa-716	182	1	asian	asian	ADJ
ajfa-716	182	2	journal	journal	PROPN
ajfa-716	182	3	of	of	ADP
ajfa-716	182	4	finance	finance	PROPN
ajfa-716	182	5	&	&	CCONJ
ajfa-716	182	6	accounting	accounting	PROPN
ajfa-716	182	7	issn	issn	PROPN
ajfa-716	182	8	1946	1946	NUM
ajfa-716	182	9	-	-	PUNCT
ajfa-716	182	10	052x	052x	NOUN
ajfa-716	182	11	2011	2011	NUM
ajfa-716	182	12	,	,	PUNCT
ajfa-716	182	13	vol	vol	NOUN
ajfa-716	182	14	.	.	PROPN
ajfa-716	183	1	3	3	NUM
ajfa-716	183	2	,	,	PUNCT
ajfa-716	183	3	no	no	INTJ
ajfa-716	183	4	.	.	NOUN
ajfa-716	183	5	1	1	NUM
ajfa-716	183	6	:	:	PUNCT
ajfa-716	183	7	e7	e7	PROPN
ajfa-716	183	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	183	9	115	115	NUM
ajfa-716	183	10	table	table	NOUN
ajfa-716	183	11	3a	3a	NUM
ajfa-716	183	12	.	.	PUNCT
ajfa-716	184	1	performance	performance	NOUN
ajfa-716	184	2	rankings	ranking	NOUN
ajfa-716	184	3	by	by	ADP
ajfa-716	184	4	msci	msci	PROPN
ajfa-716	184	5	returns	return	NOUN
ajfa-716	184	6	(	(	PUNCT
ajfa-716	184	7	%	%	INTJ
ajfa-716	184	8	)	)	PUNCT
ajfa-716	184	9	around	around	ADP
ajfa-716	184	10	the	the	DET
ajfa-716	184	11	2007	2007	NUM
ajfa-716	184	12	us	us	PROPN
ajfa-716	184	13	/	/	SYM
ajfa-716	184	14	global	global	ADJ
ajfa-716	184	15	financial	financial	ADJ
ajfa-716	184	16	crisis	crisis	NOUN
ajfa-716	184	17	rank	rank	NOUN
ajfa-716	184	18	country	country	PROPN
ajfa-716	184	19	2006	2006	NUM
ajfa-716	184	20	country	country	NOUN
ajfa-716	184	21	2007	2007	NUM
ajfa-716	184	22	country	country	NOUN
ajfa-716	184	23	2008	2008	NUM
ajfa-716	184	24	country	country	NOUN
ajfa-716	184	25	2009	2009	NUM
ajfa-716	184	26	1	1	NUM
ajfa-716	184	27	china	china	PROPN
ajfa-716	184	28	78.68	78.68	NUM
ajfa-716	184	29	china	china	PROPN
ajfa-716	184	30	63.54	63.54	NUM
ajfa-716	184	31	hong	hong	PROPN
ajfa-716	184	32	kong	kong	PROPN
ajfa-716	184	33	55.28	55.28	NUM
ajfa-716	184	34	sri	sri	PROPN
ajfa-716	184	35	lanka	lanka	PROPN
ajfa-716	184	36	187.67	187.67	NUM
ajfa-716	184	37	2	2	NUM
ajfa-716	184	38	indonesia	indonesia	PROPN
ajfa-716	184	39	55.02	55.02	NUM
ajfa-716	184	40	indonesia	indonesia	PROPN
ajfa-716	184	41	57.50	57.50	NUM
ajfa-716	184	42	australia	australia	PROPN
ajfa-716	184	43	-39.93	-39.93	PROPN
ajfa-716	184	44	india	india	PROPN
ajfa-716	184	45	91.51	91.51	NUM
ajfa-716	184	46	3	3	NUM
ajfa-716	184	47	sri	sri	PROPN
ajfa-716	184	48	lanka	lanka	PROPN
ajfa-716	184	49	50.26	50.26	NUM
ajfa-716	184	50	india	india	PROPN
ajfa-716	184	51	52.49	52.49	NUM
ajfa-716	184	52	korea	korea	PROPN
ajfa-716	184	53	-40.62	-40.62	PROPN
ajfa-716	184	54	indonesia	indonesia	PROPN
ajfa-716	184	55	90.27	90.27	NUM
ajfa-716	184	56	4	4	NUM
ajfa-716	184	57	india	india	PROPN
ajfa-716	184	58	46.47	46.47	NUM
ajfa-716	184	59	pakistan	pakistan	PROPN
ajfa-716	184	60	34.13	34.13	NUM
ajfa-716	184	61	malaysia	malaysia	PROPN
ajfa-716	184	62	-40.77	-40.77	SYM
ajfa-716	184	63	pakistan	pakistan	PROPN
ajfa-716	184	64	89.77	89.77	NUM
ajfa-716	184	65	5	5	NUM
ajfa-716	184	66	philippines	philippine	NOUN
ajfa-716	184	67	43.59	43.59	NUM
ajfa-716	184	68	malaysia	malaysia	NOUN
ajfa-716	184	69	32.68	32.68	NUM
ajfa-716	184	70	new	new	PROPN
ajfa-716	184	71	zealand	zealand	PROPN
ajfa-716	184	72	-42.35	-42.35	PROPN
ajfa-716	184	73	singapore	singapore	PROPN
ajfa-716	184	74	63.02	63.02	NUM
ajfa-716	184	75	6	6	NUM
ajfa-716	184	76	hong	hong	PROPN
ajfa-716	184	77	kong	kong	PROPN
ajfa-716	184	78	37.83	37.83	NUM
ajfa-716	184	79	thailand	thailand	PROPN
ajfa-716	184	80	31.33	31.33	NUM
ajfa-716	184	81	japan	japan	PROPN
ajfa-716	184	82	-43.62	-43.62	PROPN
ajfa-716	184	83	thailand	thailand	PROPN
ajfa-716	184	84	63.00	63.00	NUM
ajfa-716	184	85	7	7	NUM
ajfa-716	184	86	singapore	singapore	PROPN
ajfa-716	184	87	30.94	30.94	NUM
ajfa-716	184	88	korea	korea	PROPN
ajfa-716	184	89	30.80	30.80	NUM
ajfa-716	184	90	philippines	philippine	NOUN
ajfa-716	184	91	-46.77	-46.77	PUNCT
ajfa-716	184	92	china	china	PROPN
ajfa-716	184	93	58.86	58.86	NUM
ajfa-716	184	94	8	8	NUM
ajfa-716	184	95	malaysia	malaysia	PROPN
ajfa-716	184	96	24.25	24.25	NUM
ajfa-716	184	97	philippines	philippine	NOUN
ajfa-716	184	98	16.26	16.26	NUM
ajfa-716	184	99	thailand	thailand	PROPN
ajfa-716	184	100	-48.72	-48.72	PROPN
ajfa-716	184	101	korea	korea	PROPN
ajfa-716	184	102	56.63	56.63	NUM
ajfa-716	184	103	9	9	NUM
ajfa-716	184	104	australia	australia	PROPN
ajfa-716	184	105	18.28	18.28	NUM
ajfa-716	184	106	singapore	singapore	PROPN
ajfa-716	184	107	16.25	16.25	NUM
ajfa-716	184	108	singapore	singapore	PROPN
ajfa-716	184	109	-49.50	-49.50	PROPN
ajfa-716	184	110	philippines	philippine	VERB
ajfa-716	184	111	55.79	55.79	NUM
ajfa-716	184	112	10	10	NUM
ajfa-716	184	113	new	new	PROPN
ajfa-716	184	114	zealand	zealand	PROPN
ajfa-716	184	115	6.26	6.26	NUM
ajfa-716	184	116	australia	australia	PROPN
ajfa-716	184	117	12.22	12.22	NUM
ajfa-716	184	118	indonesia	indonesia	PROPN
ajfa-716	184	119	-50.76	-50.76	PROPN
ajfa-716	184	120	malaysia	malaysia	PROPN
ajfa-716	184	121	46.25	46.25	NUM
ajfa-716	184	122	11	11	NUM
ajfa-716	184	123	japan	japan	PROPN
ajfa-716	184	124	6.09	6.09	NUM
ajfa-716	184	125	new	new	PROPN
ajfa-716	184	126	zealand	zealand	PROPN
ajfa-716	184	127	-4.68	-4.68	PROPN
ajfa-716	184	128	china	china	PROPN
ajfa-716	184	129	-52.23	-52.23	PROPN
ajfa-716	184	130	australia	australia	PROPN
ajfa-716	184	131	30.84	30.84	NUM
ajfa-716	184	132	12	12	NUM
ajfa-716	184	133	korea	korea	PROPN
ajfa-716	184	134	2.31	2.31	NUM
ajfa-716	184	135	japan	japan	PROPN
ajfa-716	184	136	-11.33	-11.33	PROPN
ajfa-716	184	137	india	india	PROPN
ajfa-716	184	138	-56.82	-56.82	PROPN
ajfa-716	184	139	new	new	PROPN
ajfa-716	184	140	zealand	zealand	PROPN
ajfa-716	184	141	14.84	14.84	NUM
ajfa-716	184	142	13	13	NUM
ajfa-716	184	143	pakistan	pakistan	PROPN
ajfa-716	184	144	0.14	0.14	NUM
ajfa-716	184	145	sri	sri	PROPN
ajfa-716	184	146	lanka	lanka	PROPN
ajfa-716	184	147	-14.20	-14.20	PROPN
ajfa-716	184	148	sri	sri	PROPN
ajfa-716	184	149	lanka	lanka	PROPN
ajfa-716	184	150	-60.58	-60.58	PROPN
ajfa-716	184	151	japan	japan	PROPN
ajfa-716	184	152	7.25	7.25	NUM
ajfa-716	184	153	14	14	NUM
ajfa-716	184	154	thailand	thailand	PROPN
ajfa-716	184	155	-5.87	-5.87	VERB
ajfa-716	184	156	hong	hong	PROPN
ajfa-716	184	157	kong	kong	PROPN
ajfa-716	185	1	-53.16	-53.16	PROPN
ajfa-716	185	2	pakistan	pakistan	PROPN
ajfa-716	185	3	-68.40	-68.40	PROPN
ajfa-716	185	4	hong	hong	PROPN
ajfa-716	185	5	kong	kong	PROPN
ajfa-716	185	6	6.48	6.48	NUM
ajfa-716	185	7	in	in	ADP
ajfa-716	185	8	2008	2008	NUM
ajfa-716	185	9	,	,	PUNCT
ajfa-716	185	10	hong	hong	PROPN
ajfa-716	185	11	kong	kong	PROPN
ajfa-716	185	12	’s	’s	PART
ajfa-716	185	13	msci	msci	PROPN
ajfa-716	185	14	returns	return	NOUN
ajfa-716	185	15	managed	manage	VERB
ajfa-716	185	16	to	to	PART
ajfa-716	185	17	rebound	rebound	VERB
ajfa-716	185	18	,	,	PUNCT
ajfa-716	185	19	while	while	SCONJ
ajfa-716	185	20	all	all	DET
ajfa-716	185	21	the	the	DET
ajfa-716	185	22	other	other	ADJ
ajfa-716	185	23	sample	sample	NOUN
ajfa-716	185	24	countries	country	NOUN
ajfa-716	185	25	suffered	suffer	VERB
ajfa-716	185	26	from	from	ADP
ajfa-716	185	27	deep	deep	ADJ
ajfa-716	185	28	plunges	plunge	NOUN
ajfa-716	185	29	in	in	ADP
ajfa-716	185	30	their	their	PRON
ajfa-716	185	31	msci	msci	NOUN
ajfa-716	185	32	returns	return	NOUN
ajfa-716	185	33	ranging	range	VERB
ajfa-716	185	34	from	from	ADP
ajfa-716	185	35	-39.93	-39.93	NOUN
ajfa-716	185	36	%	%	NOUN
ajfa-716	185	37	in	in	ADP
ajfa-716	185	38	australia	australia	PROPN
ajfa-716	185	39	to	to	ADP
ajfa-716	185	40	-68.40	-68.40	PRON
ajfa-716	185	41	%	%	NOUN
ajfa-716	185	42	in	in	ADP
ajfa-716	185	43	pakistan	pakistan	PROPN
ajfa-716	185	44	.	.	PUNCT
ajfa-716	186	1	in	in	ADP
ajfa-716	186	2	2008	2008	NUM
ajfa-716	186	3	,	,	PUNCT
ajfa-716	186	4	japan	japan	PROPN
ajfa-716	186	5	was	be	AUX
ajfa-716	186	6	the	the	DET
ajfa-716	186	7	only	only	ADJ
ajfa-716	186	8	country	country	NOUN
ajfa-716	186	9	in	in	ADP
ajfa-716	186	10	the	the	DET
ajfa-716	186	11	sample	sample	NOUN
ajfa-716	186	12	which	which	PRON
ajfa-716	186	13	experienced	experience	VERB
ajfa-716	186	14	negative	negative	ADJ
ajfa-716	186	15	gdp	gdp	NOUN
ajfa-716	186	16	growth	growth	NOUN
ajfa-716	186	17	rates	rate	NOUN
ajfa-716	186	18	,	,	PUNCT
ajfa-716	186	19	while	while	SCONJ
ajfa-716	186	20	in	in	ADP
ajfa-716	186	21	2009	2009	NUM
ajfa-716	186	22	several	several	ADJ
ajfa-716	186	23	other	other	ADJ
ajfa-716	186	24	countries	country	NOUN
ajfa-716	186	25	like	like	ADP
ajfa-716	186	26	malaysia	malaysia	PROPN
ajfa-716	186	27	,	,	PUNCT
ajfa-716	186	28	singapore	singapore	PROPN
ajfa-716	186	29	,	,	PUNCT
ajfa-716	186	30	hong	hong	PROPN
ajfa-716	186	31	kong	kong	PROPN
ajfa-716	186	32	and	and	CCONJ
ajfa-716	186	33	thailand	thailand	PROPN
ajfa-716	186	34	also	also	ADV
ajfa-716	186	35	experienced	experience	VERB
ajfa-716	186	36	negative	negative	ADJ
ajfa-716	186	37	nominal	nominal	ADJ
ajfa-716	186	38	gdp	gdp	NOUN
ajfa-716	186	39	growth	growth	NOUN
ajfa-716	186	40	,	,	PUNCT
ajfa-716	186	41	as	as	SCONJ
ajfa-716	186	42	shown	show	VERB
ajfa-716	186	43	in	in	ADP
ajfa-716	186	44	table	table	NOUN
ajfa-716	186	45	3b	3b	NUM
ajfa-716	186	46	.	.	PUNCT
ajfa-716	187	1	table	table	NOUN
ajfa-716	187	2	3b	3b	NOUN
ajfa-716	187	3	.	.	PUNCT
ajfa-716	188	1	performance	performance	NOUN
ajfa-716	188	2	rankings	ranking	NOUN
ajfa-716	188	3	by	by	ADP
ajfa-716	188	4	nominal	nominal	ADJ
ajfa-716	188	5	gdp	gdp	NOUN
ajfa-716	188	6	growth	growth	NOUN
ajfa-716	188	7	around	around	ADP
ajfa-716	188	8	the	the	DET
ajfa-716	188	9	2007	2007	NUM
ajfa-716	188	10	us	us	PROPN
ajfa-716	188	11	/	/	SYM
ajfa-716	188	12	global	global	ADJ
ajfa-716	188	13	financial	financial	ADJ
ajfa-716	188	14	crisis	crisis	NOUN
ajfa-716	188	15	rank	rank	NOUN
ajfa-716	188	16	country	country	PROPN
ajfa-716	188	17	2006	2006	NUM
ajfa-716	188	18	country	country	NOUN
ajfa-716	188	19	2007	2007	NUM
ajfa-716	188	20	country	country	NOUN
ajfa-716	188	21	2008	2008	NUM
ajfa-716	188	22	country	country	NOUN
ajfa-716	188	23	2009	2009	NUM
ajfa-716	188	24	1	1	NUM
ajfa-716	188	25	indonesia	indonesia	PROPN
ajfa-716	188	26	20.36	20.36	NUM
ajfa-716	188	27	sri	sri	PROPN
ajfa-716	188	28	lanka	lanka	PROPN
ajfa-716	188	29	21.78	21.78	NUM
ajfa-716	188	30	indonesia	indonesia	PROPN
ajfa-716	188	31	25.32	25.32	NUM
ajfa-716	188	32	pakistan	pakistan	PROPN
ajfa-716	188	33	24.37	24.37	NUM
ajfa-716	188	34	2	2	NUM
ajfa-716	188	35	sri	sri	NOUN
ajfa-716	188	36	lanka	lanka	PROPN
ajfa-716	188	37	19.81	19.81	NUM
ajfa-716	188	38	china	china	PROPN
ajfa-716	188	39	21.41	21.41	NUM
ajfa-716	188	40	sri	sri	PROPN
ajfa-716	188	41	lanka	lanka	PROPN
ajfa-716	188	42	23.25	23.25	NUM
ajfa-716	188	43	indonesia	indonesia	PROPN
ajfa-716	188	44	13.37	13.37	NUM
ajfa-716	188	45	3	3	NUM
ajfa-716	188	46	pakistan	pakistan	PROPN
ajfa-716	188	47	17.28	17.28	NUM
ajfa-716	188	48	indonesia	indonesia	PROPN
ajfa-716	188	49	18.32	18.32	NUM
ajfa-716	188	50	pakistan	pakistan	PROPN
ajfa-716	188	51	18.10	18.10	NUM
ajfa-716	188	52	india	india	PROPN
ajfa-716	188	53	11.78	11.78	NUM
ajfa-716	188	54	4	4	NUM
ajfa-716	188	55	china	china	PROPN
ajfa-716	188	56	15.67	15.67	NUM
ajfa-716	188	57	singapore	singapore	PROPN
ajfa-716	188	58	15.78	15.78	NUM
ajfa-716	188	59	china	china	PROPN
ajfa-716	188	60	16.85	16.85	NUM
ajfa-716	188	61	china	china	PROPN
ajfa-716	188	62	11.54	11.54	NUM
ajfa-716	188	63	5	5	NUM
ajfa-716	188	64	india	india	PROPN
ajfa-716	188	65	15.58	15.58	NUM
ajfa-716	188	66	india	india	PROPN
ajfa-716	188	67	15.50	15.50	NUM
ajfa-716	188	68	malaysia	malaysia	PROPN
ajfa-716	188	69	15.46	15.46	NUM
ajfa-716	188	70	sri	sri	PROPN
ajfa-716	188	71	lanka	lanka	PROPN
ajfa-716	188	72	9.40	9.40	NUM
ajfa-716	188	73	6	6	NUM
ajfa-716	188	74	philippines	philippine	NOUN
ajfa-716	188	75	10.79	10.79	NUM
ajfa-716	188	76	pakistan	pakistan	PROPN
ajfa-716	188	77	13.77	13.77	NUM
ajfa-716	188	78	india	india	PROPN
ajfa-716	188	79	12.66	12.66	NUM
ajfa-716	188	80	philippines	philippine	NOUN
ajfa-716	188	81	3.64	3.64	NUM
ajfa-716	188	82	7	7	NUM
ajfa-716	188	83	singapore	singapore	PROPN
ajfa-716	188	84	10.66	10.66	NUM
ajfa-716	188	85	malaysia	malaysia	PROPN
ajfa-716	188	86	11.37	11.37	NUM
ajfa-716	188	87	philippines	philippine	NOUN
ajfa-716	188	88	11.44	11.44	NUM
ajfa-716	188	89	korea	korea	PROPN
ajfa-716	188	90	3.57	3.57	NUM
ajfa-716	188	91	8	8	NUM
ajfa-716	188	92	thailand	thailand	PROPN
ajfa-716	188	93	10.52	10.52	NUM
ajfa-716	188	94	philippines	philippine	NOUN
ajfa-716	188	95	10.24	10.24	NUM
ajfa-716	188	96	australia	australia	PROPN
ajfa-716	188	97	9.12	9.12	NUM
ajfa-716	188	98	new	new	PROPN
ajfa-716	188	99	zealand	zealand	PROPN
ajfa-716	188	100	1.68	1.68	NUM
ajfa-716	188	101	9	9	NUM
ajfa-716	188	102	malaysia	malaysia	PROPN
ajfa-716	188	103	9.95	9.95	NUM
ajfa-716	188	104	australia	australia	PROPN
ajfa-716	188	105	9.09	9.09	NUM
ajfa-716	188	106	new	new	PROPN
ajfa-716	188	107	zealand	zealand	PROPN
ajfa-716	188	108	7.50	7.50	NUM
ajfa-716	188	109	australia	australia	PROPN
ajfa-716	188	110	1.55	1.55	NUM
ajfa-716	188	111	10	10	NUM
ajfa-716	188	112	australia	australia	PROPN
ajfa-716	188	113	7.65	7.65	NUM
ajfa-716	188	114	thailand	thailand	PROPN
ajfa-716	188	115	8.66	8.66	NUM
ajfa-716	188	116	thailand	thailand	PROPN
ajfa-716	188	117	6.40	6.40	NUM
ajfa-716	188	118	thailand	thailand	PROPN
ajfa-716	188	119	-0.27	-0.27	PROPN
ajfa-716	188	120	11	11	NUM
ajfa-716	188	121	hong	hong	PROPN
ajfa-716	188	122	kong	kong	PROPN
ajfa-716	188	123	7.02	7.02	NUM
ajfa-716	188	124	korea	korea	PROPN
ajfa-716	188	125	7.29	7.29	NUM
ajfa-716	188	126	korea	korea	PROPN
ajfa-716	188	127	5.28	5.28	NUM
ajfa-716	188	128	hong	hong	PROPN
ajfa-716	188	129	kong	kong	PROPN
ajfa-716	188	130	-2.66	-2.66	NUM
ajfa-716	188	131	12	12	NUM
ajfa-716	188	132	new	new	PROPN
ajfa-716	188	133	zealand	zealand	PROPN
ajfa-716	188	134	5.65	5.65	NUM
ajfa-716	188	135	hong	hong	PROPN
ajfa-716	188	136	kong	kong	PROPN
ajfa-716	188	137	6.38	6.38	NUM
ajfa-716	188	138	singapore	singapore	PROPN
ajfa-716	188	139	3.02	3.02	NUM
ajfa-716	188	140	singapore	singapore	PROPN
ajfa-716	188	141	-3.27	-3.27	NUM
ajfa-716	188	142	13	13	NUM
ajfa-716	188	143	korea	korea	PROPN
ajfa-716	188	144	5.03	5.03	NUM
ajfa-716	188	145	new	new	ADJ
ajfa-716	188	146	zealand	zealand	PROPN
ajfa-716	188	147	5.03	5.03	NUM
ajfa-716	188	148	hong	hong	PROPN
ajfa-716	188	149	kong	kong	PROPN
ajfa-716	188	150	2.15	2.15	NUM
ajfa-716	188	151	japan	japan	PROPN
ajfa-716	188	152	-6.12	-6.12	DET
ajfa-716	188	153	14	14	NUM
ajfa-716	188	154	japan	japan	PROPN
ajfa-716	188	155	1.12	1.12	NUM
ajfa-716	188	156	japan	japan	PROPN
ajfa-716	188	157	1.61	1.61	NUM
ajfa-716	188	158	japan	japan	PROPN
ajfa-716	188	159	-2.02	-2.02	PROPN
ajfa-716	188	160	malaysia	malaysia	PROPN
ajfa-716	188	161	-8.70	-8.70	PUNCT
ajfa-716	188	162	source	source	NOUN
ajfa-716	188	163	:	:	PUNCT
ajfa-716	188	164	gdp	gdp	NOUN
ajfa-716	188	165	growth	growth	NOUN
ajfa-716	188	166	rates	rate	NOUN
ajfa-716	188	167	were	be	AUX
ajfa-716	188	168	calculated	calculate	VERB
ajfa-716	188	169	based	base	VERB
ajfa-716	188	170	on	on	ADP
ajfa-716	188	171	the	the	DET
ajfa-716	188	172	nominal	nominal	ADJ
ajfa-716	188	173	gdp	gdp	NOUN
ajfa-716	188	174	in	in	ADP
ajfa-716	188	175	local	local	ADJ
ajfa-716	188	176	currencies	currency	NOUN
ajfa-716	188	177	obtained	obtain	VERB
ajfa-716	188	178	from	from	ADP
ajfa-716	188	179	imf	imf	PROPN
ajfa-716	188	180	.	.	PUNCT
ajfa-716	189	1	asian	asian	PROPN
ajfa-716	189	2	journal	journal	PROPN
ajfa-716	189	3	of	of	ADP
ajfa-716	189	4	finance	finance	PROPN
ajfa-716	189	5	&	&	CCONJ
ajfa-716	189	6	accounting	accounting	PROPN
ajfa-716	189	7	issn	issn	PROPN
ajfa-716	189	8	1946	1946	NUM
ajfa-716	189	9	-	-	PUNCT
ajfa-716	189	10	052x	052x	NOUN
ajfa-716	189	11	2011	2011	NUM
ajfa-716	189	12	,	,	PUNCT
ajfa-716	189	13	vol	vol	NOUN
ajfa-716	189	14	.	.	PROPN
ajfa-716	190	1	3	3	NUM
ajfa-716	190	2	,	,	PUNCT
ajfa-716	190	3	no	no	INTJ
ajfa-716	190	4	.	.	NOUN
ajfa-716	190	5	1	1	NUM
ajfa-716	190	6	:	:	PUNCT
ajfa-716	190	7	e7	e7	PROPN
ajfa-716	190	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	190	9	116	116	NUM
ajfa-716	190	10	4.1.3	4.1.3	NUM
ajfa-716	190	11	do	do	AUX
ajfa-716	190	12	country	country	NOUN
ajfa-716	190	13	-	-	PUNCT
ajfa-716	190	14	specific	specific	ADJ
ajfa-716	190	15	economic	economic	ADJ
ajfa-716	190	16	,	,	PUNCT
ajfa-716	190	17	financial	financial	ADJ
ajfa-716	190	18	,	,	PUNCT
ajfa-716	190	19	and	and	CCONJ
ajfa-716	190	20	socio	socio	NOUN
ajfa-716	190	21	-	-	PUNCT
ajfa-716	190	22	economic	economic	ADJ
ajfa-716	190	23	performance	performance	NOUN
ajfa-716	190	24	indicators	indicator	NOUN
ajfa-716	190	25	tell	tell	VERB
ajfa-716	190	26	the	the	DET
ajfa-716	190	27	same	same	ADJ
ajfa-716	190	28	story	story	NOUN
ajfa-716	190	29	in	in	ADP
ajfa-716	190	30	the	the	DET
ajfa-716	190	31	asia	asia	PROPN
ajfa-716	190	32	-	-	PUNCT
ajfa-716	190	33	pacific	pacific	PROPN
ajfa-716	190	34	region	region	NOUN
ajfa-716	190	35	?	?	PUNCT
ajfa-716	191	1	overall	overall	ADV
ajfa-716	191	2	,	,	PUNCT
ajfa-716	191	3	the	the	DET
ajfa-716	191	4	rankings	ranking	NOUN
ajfa-716	191	5	based	base	VERB
ajfa-716	191	6	on	on	ADP
ajfa-716	191	7	msci	msci	PROPN
ajfa-716	191	8	returns	return	NOUN
ajfa-716	191	9	and	and	CCONJ
ajfa-716	191	10	gdp	gdp	NOUN
ajfa-716	191	11	were	be	AUX
ajfa-716	191	12	not	not	PART
ajfa-716	191	13	consistent	consistent	ADJ
ajfa-716	191	14	for	for	ADP
ajfa-716	191	15	all	all	DET
ajfa-716	191	16	countries	country	NOUN
ajfa-716	191	17	in	in	ADP
ajfa-716	191	18	the	the	DET
ajfa-716	191	19	sample	sample	NOUN
ajfa-716	191	20	,	,	PUNCT
ajfa-716	191	21	or	or	CCONJ
ajfa-716	191	22	for	for	ADP
ajfa-716	191	23	all	all	DET
ajfa-716	191	24	the	the	DET
ajfa-716	191	25	years	year	NOUN
ajfa-716	191	26	.	.	PUNCT
ajfa-716	192	1	it	it	PRON
ajfa-716	192	2	was	be	AUX
ajfa-716	192	3	observed	observe	VERB
ajfa-716	192	4	both	both	CCONJ
ajfa-716	192	5	the	the	DET
ajfa-716	192	6	msci	msci	PROPN
ajfa-716	192	7	returns	return	NOUN
ajfa-716	192	8	and	and	CCONJ
ajfa-716	192	9	gdp	gdp	NOUN
ajfa-716	192	10	growth	growth	NOUN
ajfa-716	192	11	ranked	rank	VERB
ajfa-716	192	12	indonesia	indonesia	PROPN
ajfa-716	192	13	and	and	CCONJ
ajfa-716	192	14	china	china	PROPN
ajfa-716	192	15	at	at	ADP
ajfa-716	192	16	the	the	DET
ajfa-716	192	17	top	top	NOUN
ajfa-716	192	18	,	,	PUNCT
ajfa-716	192	19	while	while	SCONJ
ajfa-716	192	20	hong	hong	PROPN
ajfa-716	192	21	kong	kong	PROPN
ajfa-716	192	22	and	and	CCONJ
ajfa-716	192	23	japan	japan	PROPN
ajfa-716	192	24	were	be	AUX
ajfa-716	192	25	ranked	rank	VERB
ajfa-716	192	26	at	at	ADP
ajfa-716	192	27	the	the	DET
ajfa-716	192	28	bottom	bottom	NOUN
ajfa-716	192	29	in	in	ADP
ajfa-716	192	30	2007	2007	NUM
ajfa-716	192	31	.	.	PUNCT
ajfa-716	193	1	however	however	ADV
ajfa-716	193	2	,	,	PUNCT
ajfa-716	193	3	sri	sri	PROPN
ajfa-716	193	4	lanka	lanka	PROPN
ajfa-716	193	5	,	,	PUNCT
ajfa-716	193	6	which	which	PRON
ajfa-716	193	7	had	have	VERB
ajfa-716	193	8	msci	msci	PROPN
ajfa-716	193	9	return	return	NOUN
ajfa-716	193	10	of	of	ADP
ajfa-716	193	11	-14.20	-14.20	PROPN
ajfa-716	193	12	%	%	NOUN
ajfa-716	193	13	in	in	ADP
ajfa-716	193	14	2007	2007	NUM
ajfa-716	193	15	,	,	PUNCT
ajfa-716	193	16	was	be	AUX
ajfa-716	193	17	ranked	rank	VERB
ajfa-716	193	18	first	first	ADV
ajfa-716	193	19	in	in	ADP
ajfa-716	193	20	terms	term	NOUN
ajfa-716	193	21	of	of	ADP
ajfa-716	193	22	gdp	gdp	NOUN
ajfa-716	193	23	growth	growth	NOUN
ajfa-716	193	24	(	(	PUNCT
ajfa-716	193	25	21.78	21.78	NUM
ajfa-716	193	26	%	%	NOUN
ajfa-716	193	27	)	)	PUNCT
ajfa-716	193	28	.	.	PUNCT
ajfa-716	194	1	this	this	PRON
ajfa-716	194	2	shows	show	VERB
ajfa-716	194	3	that	that	SCONJ
ajfa-716	194	4	the	the	DET
ajfa-716	194	5	two	two	NUM
ajfa-716	194	6	indicators	indicator	NOUN
ajfa-716	194	7	do	do	AUX
ajfa-716	194	8	not	not	PART
ajfa-716	194	9	always	always	ADV
ajfa-716	194	10	provide	provide	VERB
ajfa-716	194	11	consistent	consistent	ADJ
ajfa-716	194	12	rankings	ranking	NOUN
ajfa-716	194	13	or	or	CCONJ
ajfa-716	194	14	that	that	SCONJ
ajfa-716	194	15	they	they	PRON
ajfa-716	194	16	move	move	VERB
ajfa-716	194	17	in	in	ADP
ajfa-716	194	18	the	the	DET
ajfa-716	194	19	same	same	ADJ
ajfa-716	194	20	direction	direction	NOUN
ajfa-716	194	21	.	.	PUNCT
ajfa-716	195	1	this	this	PRON
ajfa-716	195	2	is	be	AUX
ajfa-716	195	3	because	because	SCONJ
ajfa-716	195	4	measures	measure	NOUN
ajfa-716	195	5	of	of	ADP
ajfa-716	195	6	a	a	DET
ajfa-716	195	7	country	country	NOUN
ajfa-716	195	8	’s	’s	PART
ajfa-716	195	9	economic	economic	ADJ
ajfa-716	195	10	growth	growth	NOUN
ajfa-716	195	11	,	,	PUNCT
ajfa-716	195	12	such	such	ADJ
ajfa-716	195	13	as	as	ADP
ajfa-716	195	14	its	its	PRON
ajfa-716	195	15	gdp	gdp	NOUN
ajfa-716	195	16	level	level	NOUN
ajfa-716	195	17	and	and	CCONJ
ajfa-716	195	18	rate	rate	NOUN
ajfa-716	195	19	of	of	ADP
ajfa-716	195	20	growth	growth	NOUN
ajfa-716	195	21	and	and	CCONJ
ajfa-716	195	22	per	per	ADP
ajfa-716	195	23	capita	capita	NOUN
ajfa-716	195	24	income	income	NOUN
ajfa-716	195	25	,	,	PUNCT
ajfa-716	195	26	are	be	AUX
ajfa-716	195	27	determined	determine	VERB
ajfa-716	195	28	by	by	ADP
ajfa-716	195	29	various	various	ADJ
ajfa-716	195	30	factors	factor	NOUN
ajfa-716	195	31	,	,	PUNCT
ajfa-716	195	32	including	include	VERB
ajfa-716	195	33	a	a	DET
ajfa-716	195	34	country	country	NOUN
ajfa-716	195	35	’s	’s	PART
ajfa-716	195	36	rate	rate	NOUN
ajfa-716	195	37	of	of	ADP
ajfa-716	195	38	domestic	domestic	ADJ
ajfa-716	195	39	saving	saving	NOUN
ajfa-716	195	40	and	and	CCONJ
ajfa-716	195	41	investment	investment	NOUN
ajfa-716	195	42	,	,	PUNCT
ajfa-716	195	43	total	total	ADJ
ajfa-716	195	44	factor	factor	NOUN
ajfa-716	195	45	productivity	productivity	NOUN
ajfa-716	195	46	,	,	PUNCT
ajfa-716	195	47	human	human	ADJ
ajfa-716	195	48	capital	capital	NOUN
ajfa-716	195	49	and	and	CCONJ
ajfa-716	195	50	technology	technology	NOUN
ajfa-716	195	51	,	,	PUNCT
ajfa-716	195	52	government	government	NOUN
ajfa-716	195	53	expenditures	expenditure	NOUN
ajfa-716	195	54	,	,	PUNCT
ajfa-716	195	55	the	the	DET
ajfa-716	195	56	country	country	NOUN
ajfa-716	195	57	’s	’s	PART
ajfa-716	195	58	legal	legal	ADJ
ajfa-716	195	59	and	and	CCONJ
ajfa-716	195	60	institutional	institutional	ADJ
ajfa-716	195	61	framework	framework	NOUN
ajfa-716	195	62	,	,	PUNCT
ajfa-716	195	63	income	income	NOUN
ajfa-716	195	64	distribution	distribution	NOUN
ajfa-716	195	65	,	,	PUNCT
ajfa-716	195	66	level	level	NOUN
ajfa-716	195	67	of	of	ADP
ajfa-716	195	68	corruption	corruption	NOUN
ajfa-716	195	69	,	,	PUNCT
ajfa-716	195	70	the	the	DET
ajfa-716	195	71	exchange	exchange	NOUN
ajfa-716	195	72	rate	rate	NOUN
ajfa-716	195	73	regime	regime	NOUN
ajfa-716	195	74	,	,	PUNCT
ajfa-716	195	75	and	and	CCONJ
ajfa-716	195	76	the	the	DET
ajfa-716	195	77	presence	presence	NOUN
ajfa-716	195	78	(	(	PUNCT
ajfa-716	195	79	or	or	CCONJ
ajfa-716	195	80	absence	absence	NOUN
ajfa-716	195	81	)	)	PUNCT
ajfa-716	195	82	of	of	ADP
ajfa-716	195	83	sound	sound	ADJ
ajfa-716	195	84	financial	financial	ADJ
ajfa-716	195	85	institutions	institution	NOUN
ajfa-716	195	86	and	and	CCONJ
ajfa-716	195	87	policies	policy	NOUN
ajfa-716	195	88	.	.	PUNCT
ajfa-716	196	1	these	these	DET
ajfa-716	196	2	measures	measure	NOUN
ajfa-716	196	3	of	of	ADP
ajfa-716	196	4	economic	economic	ADJ
ajfa-716	196	5	growth	growth	NOUN
ajfa-716	196	6	in	in	ADP
ajfa-716	196	7	each	each	DET
ajfa-716	196	8	country	country	NOUN
ajfa-716	196	9	seem	seem	VERB
ajfa-716	196	10	to	to	PART
ajfa-716	196	11	have	have	VERB
ajfa-716	196	12	varying	vary	VERB
ajfa-716	196	13	degrees	degree	NOUN
ajfa-716	196	14	of	of	ADP
ajfa-716	196	15	influence	influence	NOUN
ajfa-716	196	16	in	in	ADP
ajfa-716	196	17	their	their	PRON
ajfa-716	196	18	own	own	ADJ
ajfa-716	196	19	contexts	contexts	NOUN
ajfa-716	196	20	.	.	PUNCT
ajfa-716	197	1	4.2	4.2	NUM
ajfa-716	197	2	rankings	ranking	NOUN
ajfa-716	197	3	across	across	ADP
ajfa-716	197	4	variables	variable	NOUN
ajfa-716	197	5	during	during	ADP
ajfa-716	197	6	the	the	DET
ajfa-716	197	7	sample	sample	NOUN
ajfa-716	197	8	period	period	NOUN
ajfa-716	197	9	1993	1993	NUM
ajfa-716	197	10	-	-	SYM
ajfa-716	197	11	2009	2009	NUM
ajfa-716	197	12	,	,	PUNCT
ajfa-716	197	13	indonesia	indonesia	PROPN
ajfa-716	197	14	,	,	PUNCT
ajfa-716	197	15	on	on	ADP
ajfa-716	197	16	average	average	ADJ
ajfa-716	197	17	,	,	PUNCT
ajfa-716	197	18	topped	top	VERB
ajfa-716	197	19	the	the	DET
ajfa-716	197	20	performance	performance	NOUN
ajfa-716	197	21	in	in	ADP
ajfa-716	197	22	terms	term	NOUN
ajfa-716	197	23	of	of	ADP
ajfa-716	197	24	msci	msci	PROPN
ajfa-716	197	25	returns	return	NOUN
ajfa-716	197	26	and	and	CCONJ
ajfa-716	197	27	gdp	gdp	NOUN
ajfa-716	197	28	growth	growth	NOUN
ajfa-716	197	29	,	,	PUNCT
ajfa-716	197	30	whereas	whereas	SCONJ
ajfa-716	197	31	japan	japan	PROPN
ajfa-716	197	32	was	be	AUX
ajfa-716	197	33	ranked	rank	VERB
ajfa-716	197	34	the	the	DET
ajfa-716	197	35	lowest	low	ADJ
ajfa-716	197	36	under	under	ADP
ajfa-716	197	37	both	both	PRON
ajfa-716	197	38	msci	msci	PROPN
ajfa-716	197	39	returns	return	NOUN
ajfa-716	197	40	and	and	CCONJ
ajfa-716	197	41	gdp	gdp	NOUN
ajfa-716	197	42	growth	growth	NOUN
ajfa-716	197	43	.	.	PUNCT
ajfa-716	198	1	in	in	ADP
ajfa-716	198	2	terms	term	NOUN
ajfa-716	198	3	of	of	ADP
ajfa-716	198	4	human	human	ADJ
ajfa-716	198	5	development	development	NOUN
ajfa-716	198	6	,	,	PUNCT
ajfa-716	198	7	however	however	ADV
ajfa-716	198	8	,	,	PUNCT
ajfa-716	198	9	japan	japan	PROPN
ajfa-716	198	10	ranked	rank	VERB
ajfa-716	198	11	third	third	ADV
ajfa-716	198	12	while	while	SCONJ
ajfa-716	198	13	indonesia	indonesia	PROPN
ajfa-716	198	14	ranked	rank	VERB
ajfa-716	198	15	in	in	ADP
ajfa-716	198	16	the	the	DET
ajfa-716	198	17	bottom	bottom	NOUN
ajfa-716	198	18	three	three	NUM
ajfa-716	198	19	,	,	PUNCT
ajfa-716	198	20	as	as	SCONJ
ajfa-716	198	21	displayed	display	VERB
ajfa-716	198	22	in	in	ADP
ajfa-716	198	23	table	table	NOUN
ajfa-716	198	24	4	4	NUM
ajfa-716	198	25	.	.	PUNCT
ajfa-716	198	26	table	table	NOUN
ajfa-716	198	27	4	4	NUM
ajfa-716	198	28	.	.	PUNCT
ajfa-716	198	29	performance	performance	NOUN
ajfa-716	198	30	rankings	ranking	NOUN
ajfa-716	198	31	by	by	ADP
ajfa-716	198	32	msci	msci	PROPN
ajfa-716	198	33	,	,	PUNCT
ajfa-716	198	34	gdp	gdp	NOUN
ajfa-716	198	35	and	and	CCONJ
ajfa-716	198	36	hdi	hdi	PROPN
ajfa-716	198	37	for	for	ADP
ajfa-716	198	38	1993	1993	NUM
ajfa-716	198	39	-	-	SYM
ajfa-716	198	40	2009	2009	NUM
ajfa-716	198	41	rank	rank	NOUN
ajfa-716	198	42	msci	msci	PROPN
ajfa-716	198	43	returns	return	NOUN
ajfa-716	198	44	(	(	PUNCT
ajfa-716	198	45	%	%	INTJ
ajfa-716	198	46	)	)	PUNCT
ajfa-716	198	47	(	(	PUNCT
ajfa-716	198	48	1993	1993	NUM
ajfa-716	198	49	-	-	SYM
ajfa-716	198	50	2009	2009	NUM
ajfa-716	198	51	)	)	PUNCT
ajfa-716	198	52	gdp	gdp	NOUN
ajfa-716	198	53	growth	growth	NOUN
ajfa-716	198	54	(	(	PUNCT
ajfa-716	198	55	%	%	INTJ
ajfa-716	198	56	)	)	PUNCT
ajfa-716	198	57	(	(	PUNCT
ajfa-716	198	58	1993	1993	NUM
ajfa-716	198	59	-	-	SYM
ajfa-716	198	60	2009	2009	NUM
ajfa-716	198	61	)	)	PUNCT
ajfa-716	198	62	hdi	hdi	NOUN
ajfa-716	198	63	index	index	NOUN
ajfa-716	198	64	(	(	PUNCT
ajfa-716	198	65	2005	2005	NUM
ajfa-716	198	66	-	-	SYM
ajfa-716	198	67	2009	2009	NUM
ajfa-716	198	68	)	)	PUNCT
ajfa-716	198	69	1	1	NUM
ajfa-716	198	70	indonesia	indonesia	PROPN
ajfa-716	198	71	23.95	23.95	NUM
ajfa-716	198	72	indonesia	indonesia	PROPN
ajfa-716	198	73	19.54	19.54	NUM
ajfa-716	198	74	australia	australia	PROPN
ajfa-716	198	75	0.930	0.930	NUM
ajfa-716	198	76	2	2	NUM
ajfa-716	198	77	sri	sri	NOUN
ajfa-716	198	78	lanka	lanka	PROPN
ajfa-716	198	79	19.75	19.75	NUM
ajfa-716	198	80	china	china	PROPN
ajfa-716	198	81	16.14	16.14	NUM
ajfa-716	198	82	new	new	PROPN
ajfa-716	198	83	zealand	zealand	PROPN
ajfa-716	198	84	0.901	0.901	NUM
ajfa-716	198	85	3	3	NUM
ajfa-716	198	86	india	india	PROPN
ajfa-716	198	87	19.49	19.49	NUM
ajfa-716	198	88	sri	sri	PROPN
ajfa-716	198	89	lanka	lanka	PROPN
ajfa-716	198	90	15.42	15.42	NUM
ajfa-716	198	91	japan	japan	PROPN
ajfa-716	198	92	0.878	0.878	NUM
ajfa-716	198	93	4	4	NUM
ajfa-716	198	94	pakistan	pakistan	PROPN
ajfa-716	198	95	18.30	18.30	NUM
ajfa-716	198	96	pakistan	pakistan	PROPN
ajfa-716	198	97	15.02	15.02	NUM
ajfa-716	198	98	korea	korea	PROPN
ajfa-716	198	99	0.863	0.863	NUM
ajfa-716	198	100	5	5	NUM
ajfa-716	198	101	korea	korea	PROPN
ajfa-716	198	102	15.72	15.72	NUM
ajfa-716	198	103	india	india	PROPN
ajfa-716	198	104	13.32	13.32	NUM
ajfa-716	198	105	hong	hong	PROPN
ajfa-716	198	106	kong	kong	PROPN
ajfa-716	198	107	0.852	0.852	NUM
ajfa-716	198	108	6	6	NUM
ajfa-716	198	109	philippines	philippine	NOUN
ajfa-716	198	110	11.46	11.46	NUM
ajfa-716	198	111	philippines	philippine	NOUN
ajfa-716	198	112	10.79	10.79	NUM
ajfa-716	198	113	singapore	singapore	NOUN
ajfa-716	198	114	0.835	0.835	NUM
ajfa-716	198	115	7	7	NUM
ajfa-716	198	116	malaysia	malaysia	PROPN
ajfa-716	198	117	10.84	10.84	NUM
ajfa-716	198	118	malaysia	malaysia	PROPN
ajfa-716	198	119	9.43	9.43	NUM
ajfa-716	198	120	malaysia	malaysia	NOUN
ajfa-716	198	121	0.734	0.734	NUM
ajfa-716	198	122	8	8	NUM
ajfa-716	198	123	singapore	singapore	PROPN
ajfa-716	198	124	10.07	10.07	NUM
ajfa-716	198	125	korea	korea	PROPN
ajfa-716	198	126	9.10	9.10	NUM
ajfa-716	198	127	china	china	PROPN
ajfa-716	198	128	0.637	0.637	NUM
ajfa-716	198	129	9	9	NUM
ajfa-716	198	130	thailand	thailand	PROPN
ajfa-716	198	131	9.65	9.65	NUM
ajfa-716	198	132	singapore	singapore	PROPN
ajfa-716	198	133	7.24	7.24	NUM
ajfa-716	198	134	sri	sri	PROPN
ajfa-716	198	135	lanka	lanka	PROPN
ajfa-716	198	136	0.645	0.645	NUM
ajfa-716	198	137	10	10	NUM
ajfa-716	198	138	australia	australia	PROPN
ajfa-716	198	139	8.18	8.18	NUM
ajfa-716	198	140	thailand	thailand	PROPN
ajfa-716	198	141	7.19	7.19	NUM
ajfa-716	198	142	thailand	thailand	PROPN
ajfa-716	198	143	0.641	0.641	NUM
ajfa-716	198	144	11	11	NUM
ajfa-716	198	145	hong	hong	PROPN
ajfa-716	198	146	kong	kong	PROPN
ajfa-716	198	147	6.48	6.48	NUM
ajfa-716	198	148	australia	australia	PROPN
ajfa-716	198	149	6.42	6.42	NUM
ajfa-716	198	150	philippines	philippine	NOUN
ajfa-716	198	151	0.628	0.628	NUM
ajfa-716	198	152	12	12	NUM
ajfa-716	198	153	china	china	PROPN
ajfa-716	198	154	6.38	6.38	NUM
ajfa-716	198	155	new	new	PROPN
ajfa-716	198	156	zealand	zealand	PROPN
ajfa-716	198	157	5.42	5.42	NUM
ajfa-716	198	158	indonesia	indonesia	PROPN
ajfa-716	198	159	0.578	0.578	NUM
ajfa-716	198	160	13	13	NUM
ajfa-716	198	161	new	new	PROPN
ajfa-716	198	162	zealand	zealand	PROPN
ajfa-716	198	163	3.13	3.13	NUM
ajfa-716	198	164	hong	hong	PROPN
ajfa-716	198	165	kong	kong	PROPN
ajfa-716	198	166	3.64	3.64	NUM
ajfa-716	198	167	india	india	PROPN
ajfa-716	198	168	0.498	0.498	NUM
ajfa-716	198	169	14	14	NUM
ajfa-716	198	170	japan	japan	PROPN
ajfa-716	198	171	0.69	0.69	NUM
ajfa-716	198	172	japan	japan	PROPN
ajfa-716	198	173	-0.06	-0.06	PROPN
ajfa-716	198	174	pakistan	pakistan	PROPN
ajfa-716	198	175	0.478	0.478	NUM
ajfa-716	198	176	overall	overall	ADJ
ajfa-716	198	177	,	,	PUNCT
ajfa-716	198	178	countries	country	NOUN
ajfa-716	198	179	that	that	PRON
ajfa-716	198	180	have	have	VERB
ajfa-716	198	181	higher	high	ADJ
ajfa-716	198	182	economic	economic	ADJ
ajfa-716	198	183	growth	growth	NOUN
ajfa-716	198	184	rates	rate	NOUN
ajfa-716	198	185	tend	tend	VERB
ajfa-716	198	186	to	to	PART
ajfa-716	198	187	have	have	VERB
ajfa-716	198	188	higher	high	ADJ
ajfa-716	198	189	msci	msci	NOUN
ajfa-716	198	190	returns	return	NOUN
ajfa-716	198	191	,	,	PUNCT
ajfa-716	198	192	although	although	SCONJ
ajfa-716	198	193	their	their	PRON
ajfa-716	198	194	rankings	ranking	NOUN
ajfa-716	198	195	may	may	AUX
ajfa-716	198	196	not	not	PART
ajfa-716	198	197	be	be	AUX
ajfa-716	198	198	the	the	DET
ajfa-716	198	199	same	same	ADJ
ajfa-716	198	200	under	under	ADP
ajfa-716	198	201	these	these	DET
ajfa-716	198	202	two	two	NUM
ajfa-716	198	203	indicators	indicator	NOUN
ajfa-716	198	204	.	.	PUNCT
ajfa-716	199	1	interestingly	interestingly	ADV
ajfa-716	199	2	,	,	PUNCT
ajfa-716	199	3	the	the	DET
ajfa-716	199	4	asian	asian	ADJ
ajfa-716	199	5	journal	journal	NOUN
ajfa-716	199	6	of	of	ADP
ajfa-716	199	7	finance	finance	PROPN
ajfa-716	199	8	&	&	CCONJ
ajfa-716	199	9	accounting	accounting	PROPN
ajfa-716	199	10	issn	issn	PROPN
ajfa-716	199	11	1946	1946	NUM
ajfa-716	199	12	-	-	PUNCT
ajfa-716	199	13	052x	052x	NOUN
ajfa-716	199	14	2011	2011	NUM
ajfa-716	199	15	,	,	PUNCT
ajfa-716	199	16	vol	vol	NOUN
ajfa-716	199	17	.	.	PROPN
ajfa-716	200	1	3	3	NUM
ajfa-716	200	2	,	,	PUNCT
ajfa-716	200	3	no	no	INTJ
ajfa-716	200	4	.	.	NOUN
ajfa-716	200	5	1	1	NUM
ajfa-716	200	6	:	:	PUNCT
ajfa-716	200	7	e7	e7	PROPN
ajfa-716	200	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	200	9	117	117	NUM
ajfa-716	200	10	sample	sample	NOUN
ajfa-716	200	11	countries	country	NOUN
ajfa-716	200	12	with	with	ADP
ajfa-716	200	13	higher	high	ADJ
ajfa-716	200	14	gdp	gdp	NOUN
ajfa-716	200	15	growth	growth	NOUN
ajfa-716	200	16	,	,	PUNCT
ajfa-716	200	17	mainly	mainly	ADV
ajfa-716	200	18	from	from	ADP
ajfa-716	200	19	the	the	DET
ajfa-716	200	20	less	less	ADV
ajfa-716	200	21	-	-	PUNCT
ajfa-716	200	22	developed	develop	VERB
ajfa-716	200	23	group	group	NOUN
ajfa-716	200	24	,	,	PUNCT
ajfa-716	200	25	tend	tend	VERB
ajfa-716	200	26	to	to	PART
ajfa-716	200	27	have	have	VERB
ajfa-716	200	28	lower	low	ADJ
ajfa-716	200	29	hdi	hdi	PROPN
ajfa-716	200	30	scores	score	NOUN
ajfa-716	200	31	which	which	PRON
ajfa-716	200	32	implies	imply	VERB
ajfa-716	200	33	that	that	SCONJ
ajfa-716	200	34	when	when	SCONJ
ajfa-716	200	35	a	a	DET
ajfa-716	200	36	country	country	NOUN
ajfa-716	200	37	improves	improve	VERB
ajfa-716	200	38	its	its	PRON
ajfa-716	200	39	economic	economic	ADJ
ajfa-716	200	40	well	well	NOUN
ajfa-716	200	41	-	-	PUNCT
ajfa-716	200	42	being	being	NOUN
ajfa-716	200	43	,	,	PUNCT
ajfa-716	200	44	it	it	PRON
ajfa-716	200	45	tends	tend	VERB
ajfa-716	200	46	to	to	PART
ajfa-716	200	47	increase	increase	VERB
ajfa-716	200	48	its	its	PRON
ajfa-716	200	49	financial	financial	ADJ
ajfa-716	200	50	wealth	wealth	NOUN
ajfa-716	200	51	or	or	CCONJ
ajfa-716	200	52	vice	vice	NOUN
ajfa-716	200	53	a	a	PRON
ajfa-716	200	54	versa	versa	ADV
ajfa-716	200	55	,	,	PUNCT
ajfa-716	200	56	at	at	ADP
ajfa-716	200	57	the	the	DET
ajfa-716	200	58	cost	cost	NOUN
ajfa-716	200	59	of	of	ADP
ajfa-716	200	60	social	social	ADJ
ajfa-716	200	61	well	well	NOUN
ajfa-716	200	62	-	-	PUNCT
ajfa-716	200	63	being	being	NOUN
ajfa-716	200	64	of	of	ADP
ajfa-716	200	65	people	people	NOUN
ajfa-716	200	66	in	in	ADP
ajfa-716	200	67	that	that	DET
ajfa-716	200	68	country	country	NOUN
ajfa-716	200	69	.	.	PUNCT
ajfa-716	201	1	sri	sri	PROPN
ajfa-716	201	2	lanka	lanka	PROPN
ajfa-716	201	3	,	,	PUNCT
ajfa-716	201	4	however	however	ADV
ajfa-716	201	5	,	,	PUNCT
ajfa-716	201	6	has	have	AUX
ajfa-716	201	7	been	be	AUX
ajfa-716	201	8	able	able	ADJ
ajfa-716	201	9	to	to	PART
ajfa-716	201	10	maintain	maintain	VERB
ajfa-716	201	11	a	a	DET
ajfa-716	201	12	balance	balance	NOUN
ajfa-716	201	13	between	between	ADP
ajfa-716	201	14	financial	financial	ADJ
ajfa-716	201	15	,	,	PUNCT
ajfa-716	201	16	economic	economic	ADJ
ajfa-716	201	17	,	,	PUNCT
ajfa-716	201	18	and	and	CCONJ
ajfa-716	201	19	social	social	ADJ
ajfa-716	201	20	development	development	NOUN
ajfa-716	201	21	to	to	ADP
ajfa-716	201	22	a	a	DET
ajfa-716	201	23	certain	certain	ADJ
ajfa-716	201	24	level	level	NOUN
ajfa-716	201	25	.	.	PUNCT
ajfa-716	202	1	graph	graph	NOUN
ajfa-716	202	2	1	1	NUM
ajfa-716	202	3	.	.	PUNCT
ajfa-716	202	4	gini	gini	PROPN
ajfa-716	202	5	index	index	PROPN
ajfa-716	202	6	(	(	PUNCT
ajfa-716	202	7	2007	2007	NUM
ajfa-716	202	8	)	)	PUNCT
ajfa-716	202	9	the	the	DET
ajfa-716	202	10	gini	gini	PROPN
ajfa-716	202	11	index	index	NOUN
ajfa-716	202	12	must	must	AUX
ajfa-716	202	13	,	,	PUNCT
ajfa-716	202	14	however	however	ADV
ajfa-716	202	15	,	,	PUNCT
ajfa-716	202	16	be	be	AUX
ajfa-716	202	17	interpreted	interpret	VERB
ajfa-716	202	18	with	with	ADP
ajfa-716	202	19	care	care	NOUN
ajfa-716	202	20	.	.	PUNCT
ajfa-716	203	1	a	a	DET
ajfa-716	203	2	lower	lower	ADV
ajfa-716	203	3	ranking	ranking	NOUN
ajfa-716	203	4	in	in	ADP
ajfa-716	203	5	gini	gini	PROPN
ajfa-716	203	6	index	index	NOUN
ajfa-716	203	7	indicates	indicate	VERB
ajfa-716	203	8	lower	low	ADJ
ajfa-716	203	9	income	income	NOUN
ajfa-716	203	10	inequality	inequality	NOUN
ajfa-716	203	11	,	,	PUNCT
ajfa-716	203	12	which	which	PRON
ajfa-716	203	13	is	be	AUX
ajfa-716	203	14	generally	generally	ADV
ajfa-716	203	15	an	an	DET
ajfa-716	203	16	economically	economically	ADV
ajfa-716	203	17	as	as	ADV
ajfa-716	203	18	well	well	ADV
ajfa-716	203	19	as	as	ADP
ajfa-716	203	20	socially	socially	ADV
ajfa-716	203	21	desirable	desirable	ADJ
ajfa-716	203	22	condition	condition	NOUN
ajfa-716	203	23	.	.	PUNCT
ajfa-716	204	1	one	one	PRON
ajfa-716	204	2	may	may	AUX
ajfa-716	204	3	expect	expect	VERB
ajfa-716	204	4	a	a	DET
ajfa-716	204	5	country	country	NOUN
ajfa-716	204	6	with	with	ADP
ajfa-716	204	7	a	a	DET
ajfa-716	204	8	high	high	ADJ
ajfa-716	204	9	gini	gini	NOUN
ajfa-716	204	10	index	index	NOUN
ajfa-716	204	11	value	value	NOUN
ajfa-716	204	12	(	(	PUNCT
ajfa-716	204	13	high	high	ADJ
ajfa-716	204	14	income	income	NOUN
ajfa-716	204	15	inequality	inequality	NOUN
ajfa-716	204	16	)	)	PUNCT
ajfa-716	204	17	to	to	PART
ajfa-716	204	18	have	have	VERB
ajfa-716	204	19	a	a	DET
ajfa-716	204	20	lower	low	ADJ
ajfa-716	204	21	score	score	NOUN
ajfa-716	204	22	(	(	PUNCT
ajfa-716	204	23	lower	low	ADJ
ajfa-716	204	24	transparency	transparency	NOUN
ajfa-716	204	25	)	)	PUNCT
ajfa-716	204	26	in	in	ADP
ajfa-716	204	27	the	the	DET
ajfa-716	204	28	cpi	cpi	PROPN
ajfa-716	204	29	.	.	PUNCT
ajfa-716	205	1	the	the	DET
ajfa-716	205	2	philippines	philippine	NOUN
ajfa-716	205	3	had	have	VERB
ajfa-716	205	4	the	the	DET
ajfa-716	205	5	highest	high	ADJ
ajfa-716	205	6	gini	gini	NOUN
ajfa-716	205	7	index	index	NOUN
ajfa-716	205	8	among	among	ADP
ajfa-716	205	9	the	the	DET
ajfa-716	205	10	sample	sample	NOUN
ajfa-716	205	11	countries	country	NOUN
ajfa-716	205	12	(	(	PUNCT
ajfa-716	205	13	graph	graph	NOUN
ajfa-716	205	14	1	1	NUM
ajfa-716	205	15	)	)	PUNCT
ajfa-716	205	16	,	,	PUNCT
ajfa-716	205	17	while	while	SCONJ
ajfa-716	205	18	japan	japan	PROPN
ajfa-716	205	19	had	have	VERB
ajfa-716	205	20	the	the	DET
ajfa-716	205	21	lowest	low	ADJ
ajfa-716	205	22	index	index	NOUN
ajfa-716	205	23	which	which	PRON
ajfa-716	205	24	is	be	AUX
ajfa-716	205	25	compatible	compatible	ADJ
ajfa-716	205	26	with	with	ADP
ajfa-716	205	27	hdi	hdi	PROPN
ajfa-716	205	28	data	datum	NOUN
ajfa-716	205	29	.	.	PUNCT
ajfa-716	206	1	as	as	SCONJ
ajfa-716	206	2	expected	expect	VERB
ajfa-716	206	3	,	,	PUNCT
ajfa-716	206	4	the	the	DET
ajfa-716	206	5	philippines	philippine	NOUN
ajfa-716	206	6	,	,	PUNCT
ajfa-716	206	7	a	a	DET
ajfa-716	206	8	country	country	NOUN
ajfa-716	206	9	with	with	ADP
ajfa-716	206	10	a	a	DET
ajfa-716	206	11	high	high	ADJ
ajfa-716	206	12	degree	degree	NOUN
ajfa-716	206	13	of	of	ADP
ajfa-716	206	14	income	income	NOUN
ajfa-716	206	15	inequality	inequality	NOUN
ajfa-716	206	16	,	,	PUNCT
ajfa-716	206	17	also	also	ADV
ajfa-716	206	18	had	have	VERB
ajfa-716	206	19	the	the	DET
ajfa-716	206	20	low	low	ADJ
ajfa-716	206	21	levels	level	NOUN
ajfa-716	206	22	of	of	ADP
ajfa-716	206	23	transparency	transparency	NOUN
ajfa-716	206	24	in	in	ADP
ajfa-716	206	25	the	the	DET
ajfa-716	206	26	cpi	cpi	PROPN
ajfa-716	206	27	.	.	PUNCT
ajfa-716	207	1	in	in	ADP
ajfa-716	207	2	fact	fact	NOUN
ajfa-716	207	3	,	,	PUNCT
ajfa-716	207	4	it	it	PRON
ajfa-716	207	5	was	be	AUX
ajfa-716	207	6	ranked	rank	VERB
ajfa-716	207	7	the	the	DET
ajfa-716	207	8	lowest	low	ADJ
ajfa-716	207	9	(	(	PUNCT
ajfa-716	207	10	graphs	graph	NOUN
ajfa-716	207	11	2	2	NUM
ajfa-716	207	12	)	)	PUNCT
ajfa-716	207	13	.	.	PUNCT
ajfa-716	208	1	asian	asian	ADJ
ajfa-716	208	2	journal	journal	PROPN
ajfa-716	208	3	of	of	ADP
ajfa-716	208	4	finance	finance	PROPN
ajfa-716	208	5	&	&	CCONJ
ajfa-716	208	6	accounting	accounting	PROPN
ajfa-716	208	7	issn	issn	PROPN
ajfa-716	208	8	1946	1946	NUM
ajfa-716	208	9	-	-	PUNCT
ajfa-716	208	10	052x	052x	NOUN
ajfa-716	208	11	2011	2011	NUM
ajfa-716	208	12	,	,	PUNCT
ajfa-716	208	13	vol	vol	NOUN
ajfa-716	208	14	.	.	PROPN
ajfa-716	209	1	3	3	NUM
ajfa-716	209	2	,	,	PUNCT
ajfa-716	209	3	no	no	INTJ
ajfa-716	209	4	.	.	NOUN
ajfa-716	209	5	1	1	NUM
ajfa-716	209	6	:	:	PUNCT
ajfa-716	209	7	e7	e7	PROPN
ajfa-716	209	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	ADJ
ajfa-716	209	9	118	118	NUM
ajfa-716	209	10	graph	graph	NOUN
ajfa-716	209	11	2	2	NUM
ajfa-716	209	12	.	.	PUNCT
ajfa-716	209	13	corruption	corruption	NOUN
ajfa-716	209	14	perception	perception	NOUN
ajfa-716	209	15	index	index	NOUN
ajfa-716	209	16	(	(	PUNCT
ajfa-716	209	17	cpi	cpi	PROPN
ajfa-716	209	18	)	)	PUNCT
ajfa-716	209	19	(	(	PUNCT
ajfa-716	209	20	2009	2009	NUM
ajfa-716	209	21	)	)	PUNCT
ajfa-716	209	22	however	however	ADV
ajfa-716	209	23	,	,	PUNCT
ajfa-716	209	24	this	this	DET
ajfa-716	209	25	pattern	pattern	NOUN
ajfa-716	209	26	of	of	ADP
ajfa-716	209	27	high	high	ADJ
ajfa-716	209	28	level	level	NOUN
ajfa-716	209	29	of	of	ADP
ajfa-716	209	30	inequality	inequality	NOUN
ajfa-716	209	31	and	and	CCONJ
ajfa-716	209	32	low	low	ADJ
ajfa-716	209	33	corruption	corruption	NOUN
ajfa-716	209	34	perception	perception	NOUN
ajfa-716	209	35	does	do	AUX
ajfa-716	209	36	not	not	PART
ajfa-716	209	37	hold	hold	VERB
ajfa-716	209	38	true	true	ADJ
ajfa-716	209	39	for	for	ADP
ajfa-716	209	40	all	all	DET
ajfa-716	209	41	the	the	DET
ajfa-716	209	42	countries	country	NOUN
ajfa-716	209	43	.	.	PUNCT
ajfa-716	210	1	for	for	ADP
ajfa-716	210	2	instance	instance	NOUN
ajfa-716	210	3	,	,	PUNCT
ajfa-716	210	4	while	while	SCONJ
ajfa-716	210	5	hong	hong	PROPN
ajfa-716	210	6	kong	kong	PROPN
ajfa-716	210	7	and	and	CCONJ
ajfa-716	210	8	singapore	singapore	PROPN
ajfa-716	210	9	ranked	rank	VERB
ajfa-716	210	10	high	high	ADV
ajfa-716	210	11	in	in	ADP
ajfa-716	210	12	the	the	DET
ajfa-716	210	13	gini	gini	PROPN
ajfa-716	210	14	index	index	NOUN
ajfa-716	210	15	(	(	PUNCT
ajfa-716	210	16	indicating	indicate	VERB
ajfa-716	210	17	high	high	ADJ
ajfa-716	210	18	income	income	NOUN
ajfa-716	210	19	inequality	inequality	NOUN
ajfa-716	210	20	)	)	PUNCT
ajfa-716	210	21	,	,	PUNCT
ajfa-716	210	22	their	their	PRON
ajfa-716	210	23	cpi	cpi	NOUN
ajfa-716	210	24	rankings	ranking	NOUN
ajfa-716	210	25	were	be	AUX
ajfa-716	210	26	also	also	ADV
ajfa-716	210	27	high	high	ADJ
ajfa-716	210	28	(	(	PUNCT
ajfa-716	210	29	depicting	depict	VERB
ajfa-716	210	30	low	low	ADJ
ajfa-716	210	31	levels	level	NOUN
ajfa-716	210	32	of	of	ADP
ajfa-716	210	33	corruption	corruption	NOUN
ajfa-716	210	34	)	)	PUNCT
ajfa-716	210	35	.	.	PUNCT
ajfa-716	211	1	the	the	DET
ajfa-716	211	2	situation	situation	NOUN
ajfa-716	211	3	in	in	ADP
ajfa-716	211	4	singapore	singapore	PROPN
ajfa-716	211	5	can	can	AUX
ajfa-716	211	6	be	be	AUX
ajfa-716	211	7	explained	explain	VERB
ajfa-716	211	8	by	by	ADP
ajfa-716	211	9	the	the	DET
ajfa-716	211	10	government	government	NOUN
ajfa-716	211	11	’s	’s	PART
ajfa-716	211	12	severe	severe	ADJ
ajfa-716	211	13	penalty	penalty	NOUN
ajfa-716	211	14	for	for	ADP
ajfa-716	211	15	corruption	corruption	NOUN
ajfa-716	211	16	.	.	PUNCT
ajfa-716	212	1	generally	generally	ADV
ajfa-716	212	2	,	,	PUNCT
ajfa-716	212	3	the	the	DET
ajfa-716	212	4	countries	country	NOUN
ajfa-716	212	5	that	that	PRON
ajfa-716	212	6	rank	rank	VERB
ajfa-716	212	7	low	low	ADV
ajfa-716	212	8	in	in	ADP
ajfa-716	212	9	the	the	DET
ajfa-716	212	10	cpi	cpi	NOUN
ajfa-716	212	11	are	be	AUX
ajfa-716	212	12	developing	develop	VERB
ajfa-716	212	13	countries	country	NOUN
ajfa-716	212	14	while	while	SCONJ
ajfa-716	212	15	countries	country	NOUN
ajfa-716	212	16	with	with	ADP
ajfa-716	212	17	higher	high	ADJ
ajfa-716	212	18	ranks	rank	NOUN
ajfa-716	212	19	are	be	AUX
ajfa-716	212	20	developed	develop	VERB
ajfa-716	212	21	countries	country	NOUN
ajfa-716	212	22	.	.	PUNCT
ajfa-716	213	1	4.2.1	4.2.1	NUM
ajfa-716	213	2	relationship	relationship	NOUN
ajfa-716	213	3	between	between	ADP
ajfa-716	213	4	msci	msci	PROPN
ajfa-716	213	5	returns	return	NOUN
ajfa-716	213	6	,	,	PUNCT
ajfa-716	213	7	gdp	gdp	NOUN
ajfa-716	213	8	growth	growth	NOUN
ajfa-716	213	9	,	,	PUNCT
ajfa-716	213	10	and	and	CCONJ
ajfa-716	213	11	hdi	hdi	PROPN
ajfa-716	213	12	pearson	pearson	NOUN
ajfa-716	213	13	and	and	CCONJ
ajfa-716	213	14	partial	partial	ADJ
ajfa-716	213	15	correlations	correlation	NOUN
ajfa-716	213	16	between	between	ADP
ajfa-716	213	17	msci	msci	PROPN
ajfa-716	213	18	returns	return	NOUN
ajfa-716	213	19	,	,	PUNCT
ajfa-716	213	20	nominal	nominal	ADJ
ajfa-716	213	21	gdp	gdp	NOUN
ajfa-716	213	22	growth	growth	NOUN
ajfa-716	213	23	,	,	PUNCT
ajfa-716	213	24	and	and	CCONJ
ajfa-716	213	25	hdi	hdi	PROPN
ajfa-716	213	26	were	be	AUX
ajfa-716	213	27	analysed	analyse	VERB
ajfa-716	213	28	for	for	ADP
ajfa-716	213	29	the	the	DET
ajfa-716	213	30	years	year	NOUN
ajfa-716	213	31	2005	2005	NUM
ajfa-716	213	32	-	-	SYM
ajfa-716	213	33	2009	2009	NUM
ajfa-716	213	34	.	.	PUNCT
ajfa-716	214	1	gini	gini	PROPN
ajfa-716	214	2	coefficient	coefficient	PROPN
ajfa-716	214	3	and	and	CCONJ
ajfa-716	214	4	cpi	cpi	PROPN
ajfa-716	214	5	were	be	AUX
ajfa-716	214	6	not	not	PART
ajfa-716	214	7	included	include	VERB
ajfa-716	214	8	due	due	ADP
ajfa-716	214	9	to	to	ADP
ajfa-716	214	10	unavailability	unavailability	NOUN
ajfa-716	214	11	of	of	ADP
ajfa-716	214	12	annual	annual	ADJ
ajfa-716	214	13	data	datum	NOUN
ajfa-716	214	14	.	.	PUNCT
ajfa-716	215	1	the	the	DET
ajfa-716	215	2	results	result	NOUN
ajfa-716	215	3	are	be	AUX
ajfa-716	215	4	presented	present	VERB
ajfa-716	215	5	in	in	ADP
ajfa-716	215	6	table	table	NOUN
ajfa-716	215	7	5	5	NUM
ajfa-716	215	8	.	.	PUNCT
ajfa-716	215	9	asian	asian	ADJ
ajfa-716	215	10	journal	journal	PROPN
ajfa-716	215	11	of	of	ADP
ajfa-716	215	12	finance	finance	PROPN
ajfa-716	215	13	&	&	CCONJ
ajfa-716	215	14	accounting	accounting	PROPN
ajfa-716	215	15	issn	issn	PROPN
ajfa-716	215	16	1946	1946	NUM
ajfa-716	215	17	-	-	PUNCT
ajfa-716	215	18	052x	052x	NOUN
ajfa-716	215	19	2011	2011	NUM
ajfa-716	215	20	,	,	PUNCT
ajfa-716	215	21	vol	vol	NOUN
ajfa-716	215	22	.	.	PROPN
ajfa-716	216	1	3	3	NUM
ajfa-716	216	2	,	,	PUNCT
ajfa-716	216	3	no	no	INTJ
ajfa-716	216	4	.	.	NOUN
ajfa-716	216	5	1	1	NUM
ajfa-716	216	6	:	:	PUNCT
ajfa-716	216	7	e7	e7	PROPN
ajfa-716	216	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	216	9	119	119	NUM
ajfa-716	216	10	table	table	NOUN
ajfa-716	216	11	5	5	NUM
ajfa-716	216	12	.	.	PUNCT
ajfa-716	217	1	correlations	correlation	NOUN
ajfa-716	217	2	between	between	ADP
ajfa-716	217	3	economic	economic	ADJ
ajfa-716	217	4	,	,	PUNCT
ajfa-716	217	5	socioeconomic	socioeconomic	ADJ
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ajfa-716	217	7	stock	stock	NOUN
ajfa-716	217	8	market	market	NOUN
ajfa-716	217	9	performance	performance	NOUN
ajfa-716	217	10	(	(	PUNCT
ajfa-716	217	11	2005	2005	NUM
ajfa-716	217	12	-	-	SYM
ajfa-716	217	13	2009	2009	NUM
ajfa-716	217	14	)	)	PUNCT
ajfa-716	217	15	country	country	NOUN
ajfa-716	217	16	msci	msci	PROPN
ajfa-716	217	17	return	return	VERB
ajfa-716	217	18	and	and	CCONJ
ajfa-716	217	19	gdp	gdp	PROPN
ajfa-716	217	20	msci	msci	PROPN
ajfa-716	217	21	return	return	VERB
ajfa-716	217	22	and	and	CCONJ
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ajfa-716	217	24	hdi	hdi	PROPN
ajfa-716	217	25	and	and	CCONJ
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ajfa-716	218	1	partial2	partial2	PROPN
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ajfa-716	218	4	partial2	partial2	PROPN
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ajfa-716	219	1	partial2	partial2	PROPN
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ajfa-716	224	6	.966	.966	NUM
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ajfa-716	225	1	-.470	-.470	NOUN
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ajfa-716	229	1	-.812	-.812	VERB
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ajfa-716	231	1	-.540	-.540	INTJ
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ajfa-716	240	3	*	*	X
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ajfa-716	242	2	*	*	PUNCT
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ajfa-716	242	17	*	*	PUNCT
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ajfa-716	242	23	*	*	PUNCT
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ajfa-716	242	25	*	*	PROPN
ajfa-716	242	26	*	*	PUNCT
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ajfa-716	242	29	*	*	PROPN
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ajfa-716	243	15	-.201	-.201	INTJ
ajfa-716	243	16	*	*	PUNCT
ajfa-716	243	17	-.320	-.320	PROPN
ajfa-716	243	18	*	*	PUNCT
ajfa-716	243	19	-.422	-.422	PROPN
ajfa-716	243	20	*	*	PROPN
ajfa-716	243	21	*	*	PUNCT
ajfa-716	243	22	-.666	-.666	NOUN
ajfa-716	243	23	*	*	PUNCT
ajfa-716	243	24	*	*	PUNCT
ajfa-716	244	1	-.462	-.462	NOUN
ajfa-716	244	2	*	*	PUNCT
ajfa-716	244	3	*	*	PUNCT
ajfa-716	244	4	-.540	-.540	PUNCT
ajfa-716	244	5	*	*	PUNCT
ajfa-716	244	6	*	*	PUNCT
ajfa-716	244	7	partial	partial	ADJ
ajfa-716	244	8	1	1	NUM
ajfa-716	244	9	controlled	control	VERB
ajfa-716	244	10	for	for	ADP
ajfa-716	244	11	gdp	gdp	NOUN
ajfa-716	244	12	deflator	deflator	NOUN
ajfa-716	244	13	and	and	CCONJ
ajfa-716	244	14	partial	partial	ADJ
ajfa-716	244	15	2	2	NUM
ajfa-716	244	16	controlled	control	VERB
ajfa-716	244	17	for	for	ADP
ajfa-716	244	18	consumer	consumer	NOUN
ajfa-716	244	19	price	price	NOUN
ajfa-716	244	20	index	index	NOUN
ajfa-716	244	21	.	.	PUNCT
ajfa-716	245	1	msci	msci	PROPN
ajfa-716	245	2	classification	classification	NOUN
ajfa-716	245	3	:	:	PUNCT
ajfa-716	245	4	developed	develop	VERB
ajfa-716	245	5	(	(	PUNCT
ajfa-716	245	6	australia	australia	PROPN
ajfa-716	245	7	,	,	PUNCT
ajfa-716	245	8	hong	hong	PROPN
ajfa-716	245	9	kong	kong	PROPN
ajfa-716	245	10	,	,	PUNCT
ajfa-716	245	11	japan	japan	PROPN
ajfa-716	245	12	,	,	PUNCT
ajfa-716	245	13	new	new	PROPN
ajfa-716	245	14	zealand	zealand	PROPN
ajfa-716	245	15	,	,	PUNCT
ajfa-716	245	16	singapore	singapore	PROPN
ajfa-716	245	17	)	)	PUNCT
ajfa-716	245	18	,	,	PUNCT
ajfa-716	245	19	emerging	emerge	VERB
ajfa-716	245	20	(	(	PUNCT
ajfa-716	245	21	china	china	PROPN
ajfa-716	245	22	,	,	PUNCT
ajfa-716	245	23	india	india	PROPN
ajfa-716	245	24	,	,	PUNCT
ajfa-716	245	25	indonesia	indonesia	PROPN
ajfa-716	245	26	,	,	PUNCT
ajfa-716	245	27	korea	korea	PROPN
ajfa-716	245	28	,	,	PUNCT
ajfa-716	245	29	malaysia	malaysia	PROPN
ajfa-716	245	30	,	,	PUNCT
ajfa-716	245	31	philippines	philippine	NOUN
ajfa-716	245	32	,	,	PUNCT
ajfa-716	245	33	thailand	thailand	PROPN
ajfa-716	245	34	)	)	PUNCT
ajfa-716	245	35	,	,	PUNCT
ajfa-716	245	36	frontier	frontier	NOUN
ajfa-716	245	37	(	(	PUNCT
ajfa-716	245	38	pakistan	pakistan	PROPN
ajfa-716	245	39	,	,	PUNCT
ajfa-716	245	40	sri	sri	PROPN
ajfa-716	245	41	lanka	lanka	PROPN
ajfa-716	245	42	)	)	PUNCT
ajfa-716	245	43	*	*	PUNCT
ajfa-716	246	1	significant	significant	ADJ
ajfa-716	246	2	at	at	ADP
ajfa-716	246	3	the	the	DET
ajfa-716	246	4	0.05	0.05	NUM
ajfa-716	246	5	level	level	NOUN
ajfa-716	246	6	(	(	PUNCT
ajfa-716	246	7	1	1	NUM
ajfa-716	246	8	-	-	PUNCT
ajfa-716	246	9	tailed	tailed	ADJ
ajfa-716	246	10	)	)	PUNCT
ajfa-716	246	11	.	.	PUNCT
ajfa-716	247	1	*	*	PUNCT
ajfa-716	247	2	*	*	PUNCT
ajfa-716	247	3	significant	significant	ADJ
ajfa-716	247	4	at	at	ADP
ajfa-716	247	5	the	the	DET
ajfa-716	247	6	0.01	0.01	NUM
ajfa-716	247	7	level	level	NOUN
ajfa-716	247	8	(	(	PUNCT
ajfa-716	247	9	1	1	NUM
ajfa-716	247	10	-	-	PUNCT
ajfa-716	247	11	tailed	tailed	ADJ
ajfa-716	247	12	)	)	PUNCT
ajfa-716	247	13	the	the	DET
ajfa-716	247	14	results	result	NOUN
ajfa-716	247	15	show	show	VERB
ajfa-716	247	16	that	that	SCONJ
ajfa-716	247	17	indonesia	indonesia	PROPN
ajfa-716	247	18	and	and	CCONJ
ajfa-716	247	19	sri	sri	PROPN
ajfa-716	247	20	lanka	lanka	PROPN
ajfa-716	247	21	had	have	VERB
ajfa-716	247	22	strongly	strongly	ADV
ajfa-716	247	23	and	and	CCONJ
ajfa-716	247	24	significantly	significantly	ADV
ajfa-716	247	25	negative	negative	ADJ
ajfa-716	247	26	correlations	correlation	NOUN
ajfa-716	247	27	between	between	ADP
ajfa-716	247	28	msci	msci	PROPN
ajfa-716	247	29	returns	return	NOUN
ajfa-716	247	30	and	and	CCONJ
ajfa-716	247	31	gdp	gdp	NOUN
ajfa-716	247	32	growth	growth	NOUN
ajfa-716	247	33	.	.	PUNCT
ajfa-716	248	1	when	when	SCONJ
ajfa-716	248	2	controlled	control	VERB
ajfa-716	248	3	for	for	ADP
ajfa-716	248	4	inflation	inflation	NOUN
ajfa-716	248	5	using	use	VERB
ajfa-716	248	6	the	the	DET
ajfa-716	248	7	gdp	gdp	NOUN
ajfa-716	248	8	deflator	deflator	NOUN
ajfa-716	248	9	and	and	CCONJ
ajfa-716	248	10	the	the	DET
ajfa-716	248	11	consumer	consumer	NOUN
ajfa-716	248	12	price	price	NOUN
ajfa-716	248	13	index	index	NOUN
ajfa-716	248	14	,	,	PUNCT
ajfa-716	248	15	india	india	PROPN
ajfa-716	248	16	,	,	PUNCT
ajfa-716	248	17	japan	japan	PROPN
ajfa-716	248	18	,	,	PUNCT
ajfa-716	248	19	china	china	PROPN
ajfa-716	248	20	,	,	PUNCT
ajfa-716	248	21	indonesia	indonesia	PROPN
ajfa-716	248	22	and	and	CCONJ
ajfa-716	248	23	singapore	singapore	PROPN
ajfa-716	248	24	showed	show	VERB
ajfa-716	248	25	perfect	perfect	ADJ
ajfa-716	248	26	or	or	CCONJ
ajfa-716	248	27	near	near	ADP
ajfa-716	248	28	perfect	perfect	ADJ
ajfa-716	248	29	positive	positive	ADJ
ajfa-716	248	30	partial	partial	ADJ
ajfa-716	248	31	correlations	correlation	NOUN
ajfa-716	248	32	between	between	ADP
ajfa-716	248	33	msci	msci	PROPN
ajfa-716	248	34	returns	return	NOUN
ajfa-716	248	35	and	and	CCONJ
ajfa-716	248	36	gdp	gdp	NOUN
ajfa-716	248	37	growth	growth	NOUN
ajfa-716	248	38	,	,	PUNCT
ajfa-716	248	39	whereas	whereas	SCONJ
ajfa-716	248	40	new	new	PROPN
ajfa-716	248	41	zealand	zealand	PROPN
ajfa-716	248	42	had	have	VERB
ajfa-716	248	43	a	a	DET
ajfa-716	248	44	strongly	strongly	ADV
ajfa-716	248	45	and	and	CCONJ
ajfa-716	248	46	significantly	significantly	ADV
ajfa-716	248	47	negative	negative	ADJ
ajfa-716	248	48	correlation	correlation	NOUN
ajfa-716	248	49	between	between	ADP
ajfa-716	248	50	these	these	DET
ajfa-716	248	51	two	two	NUM
ajfa-716	248	52	variables	variable	NOUN
ajfa-716	248	53	.	.	PUNCT
ajfa-716	249	1	japan	japan	PROPN
ajfa-716	249	2	and	and	CCONJ
ajfa-716	249	3	thailand	thailand	PROPN
ajfa-716	249	4	were	be	AUX
ajfa-716	249	5	found	find	VERB
ajfa-716	249	6	to	to	PART
ajfa-716	249	7	have	have	VERB
ajfa-716	249	8	significant	significant	ADJ
ajfa-716	249	9	and	and	CCONJ
ajfa-716	249	10	negative	negative	ADJ
ajfa-716	249	11	relationships	relationship	NOUN
ajfa-716	249	12	in	in	ADP
ajfa-716	249	13	their	their	PRON
ajfa-716	249	14	msci	msci	NOUN
ajfa-716	249	15	returns	return	NOUN
ajfa-716	249	16	and	and	CCONJ
ajfa-716	249	17	hdi	hdi	PROPN
ajfa-716	249	18	.	.	PUNCT
ajfa-716	250	1	on	on	ADP
ajfa-716	250	2	the	the	DET
ajfa-716	250	3	other	other	ADJ
ajfa-716	250	4	hand	hand	NOUN
ajfa-716	250	5	,	,	PUNCT
ajfa-716	250	6	malaysia	malaysia	PROPN
ajfa-716	250	7	and	and	CCONJ
ajfa-716	250	8	sri	sri	PROPN
ajfa-716	250	9	lanka	lanka	PROPN
ajfa-716	250	10	showed	show	VERB
ajfa-716	250	11	strong	strong	ADJ
ajfa-716	250	12	and	and	CCONJ
ajfa-716	250	13	positive	positive	ADJ
ajfa-716	250	14	relationships	relationship	NOUN
ajfa-716	250	15	between	between	ADP
ajfa-716	250	16	hdi	hdi	PROPN
ajfa-716	250	17	and	and	CCONJ
ajfa-716	250	18	gdp	gdp	NOUN
ajfa-716	250	19	growth	growth	NOUN
ajfa-716	250	20	.	.	PUNCT
ajfa-716	251	1	when	when	SCONJ
ajfa-716	251	2	the	the	DET
ajfa-716	251	3	sample	sample	NOUN
ajfa-716	251	4	was	be	AUX
ajfa-716	251	5	grouped	group	VERB
ajfa-716	251	6	under	under	ADP
ajfa-716	251	7	msci	msci	PROPN
ajfa-716	251	8	country	country	NOUN
ajfa-716	251	9	classification4	classification4	PROPN
ajfa-716	251	10	,	,	PUNCT
ajfa-716	251	11	developed	develop	VERB
ajfa-716	251	12	and	and	CCONJ
ajfa-716	251	13	emerging	emerge	VERB
ajfa-716	251	14	countries	country	NOUN
ajfa-716	251	15	in	in	ADP
ajfa-716	251	16	the	the	DET
ajfa-716	251	17	asia	asia	PROPN
ajfa-716	251	18	pacific	pacific	PROPN
ajfa-716	251	19	were	be	AUX
ajfa-716	251	20	found	find	VERB
ajfa-716	251	21	to	to	PART
ajfa-716	251	22	have	have	VERB
ajfa-716	251	23	strongly	strongly	ADV
ajfa-716	251	24	positive	positive	ADJ
ajfa-716	251	25	correlations	correlation	NOUN
ajfa-716	251	26	between	between	ADP
ajfa-716	251	27	msci	msci	PROPN
ajfa-716	251	28	4	4	NUM
ajfa-716	251	29	msci	msci	PROPN
ajfa-716	251	30	classification	classification	NOUN
ajfa-716	251	31	:	:	PUNCT
ajfa-716	251	32	developed	develop	VERB
ajfa-716	251	33	(	(	PUNCT
ajfa-716	251	34	australia	australia	PROPN
ajfa-716	251	35	,	,	PUNCT
ajfa-716	251	36	hong	hong	PROPN
ajfa-716	251	37	kong	kong	PROPN
ajfa-716	251	38	,	,	PUNCT
ajfa-716	251	39	japan	japan	PROPN
ajfa-716	251	40	,	,	PUNCT
ajfa-716	251	41	new	new	PROPN
ajfa-716	251	42	zealand	zealand	PROPN
ajfa-716	251	43	,	,	PUNCT
ajfa-716	251	44	singapore	singapore	PROPN
ajfa-716	251	45	)	)	PUNCT
ajfa-716	251	46	,	,	PUNCT
ajfa-716	251	47	emerging	emerge	VERB
ajfa-716	251	48	(	(	PUNCT
ajfa-716	251	49	china	china	PROPN
ajfa-716	251	50	,	,	PUNCT
ajfa-716	251	51	india	india	PROPN
ajfa-716	251	52	,	,	PUNCT
ajfa-716	251	53	indonesia	indonesia	PROPN
ajfa-716	251	54	,	,	PUNCT
ajfa-716	251	55	korea	korea	PROPN
ajfa-716	251	56	,	,	PUNCT
ajfa-716	251	57	malaysia	malaysia	PROPN
ajfa-716	251	58	,	,	PUNCT
ajfa-716	251	59	philippines	philippine	NOUN
ajfa-716	251	60	,	,	PUNCT
ajfa-716	251	61	thailand	thailand	PROPN
ajfa-716	251	62	)	)	PUNCT
ajfa-716	251	63	,	,	PUNCT
ajfa-716	251	64	frontier	frontier	NOUN
ajfa-716	251	65	(	(	PUNCT
ajfa-716	251	66	pakistan	pakistan	PROPN
ajfa-716	251	67	,	,	PUNCT
ajfa-716	251	68	sri	sri	PROPN
ajfa-716	251	69	lanka	lanka	PROPN
ajfa-716	251	70	)	)	PUNCT
ajfa-716	251	71	.	.	PUNCT
ajfa-716	252	1	asian	asian	ADJ
ajfa-716	252	2	journal	journal	PROPN
ajfa-716	252	3	of	of	ADP
ajfa-716	252	4	finance	finance	PROPN
ajfa-716	252	5	&	&	CCONJ
ajfa-716	252	6	accounting	accounting	PROPN
ajfa-716	252	7	issn	issn	PROPN
ajfa-716	252	8	1946	1946	NUM
ajfa-716	252	9	-	-	PUNCT
ajfa-716	252	10	052x	052x	NOUN
ajfa-716	252	11	2011	2011	NUM
ajfa-716	252	12	,	,	PUNCT
ajfa-716	252	13	vol	vol	NOUN
ajfa-716	252	14	.	.	PROPN
ajfa-716	253	1	3	3	NUM
ajfa-716	253	2	,	,	PUNCT
ajfa-716	253	3	no	no	INTJ
ajfa-716	253	4	.	.	NOUN
ajfa-716	253	5	1	1	NUM
ajfa-716	253	6	:	:	PUNCT
ajfa-716	253	7	e7	e7	PROPN
ajfa-716	253	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	AUX
ajfa-716	253	9	120	120	NUM
ajfa-716	253	10	returns	return	NOUN
ajfa-716	253	11	and	and	CCONJ
ajfa-716	253	12	gdp	gdp	NOUN
ajfa-716	253	13	growth	growth	NOUN
ajfa-716	253	14	,	,	PUNCT
ajfa-716	253	15	while	while	SCONJ
ajfa-716	253	16	the	the	DET
ajfa-716	253	17	relationships	relationship	NOUN
ajfa-716	253	18	were	be	AUX
ajfa-716	253	19	negative	negative	ADJ
ajfa-716	253	20	between	between	ADP
ajfa-716	253	21	hdi	hdi	PROPN
ajfa-716	253	22	and	and	CCONJ
ajfa-716	253	23	gdp	gdp	PROPN
ajfa-716	253	24	.	.	PROPN
ajfa-716	253	25	frontier	frontier	NOUN
ajfa-716	253	26	countries	country	NOUN
ajfa-716	253	27	like	like	ADP
ajfa-716	253	28	pakistan	pakistan	PROPN
ajfa-716	253	29	and	and	CCONJ
ajfa-716	253	30	sri	sri	PROPN
ajfa-716	253	31	lanka	lanka	PROPN
ajfa-716	253	32	had	have	VERB
ajfa-716	253	33	strong	strong	ADJ
ajfa-716	253	34	positive	positive	ADJ
ajfa-716	253	35	relationships	relationship	NOUN
ajfa-716	253	36	between	between	ADP
ajfa-716	253	37	hdi	hdi	PROPN
ajfa-716	253	38	and	and	CCONJ
ajfa-716	253	39	gdp	gdp	NOUN
ajfa-716	253	40	growth	growth	NOUN
ajfa-716	253	41	.	.	PUNCT
ajfa-716	254	1	the	the	DET
ajfa-716	254	2	results	result	NOUN
ajfa-716	254	3	for	for	ADP
ajfa-716	254	4	pakistan	pakistan	PROPN
ajfa-716	254	5	further	far	ADV
ajfa-716	254	6	indicated	indicate	VERB
ajfa-716	254	7	a	a	DET
ajfa-716	254	8	positive	positive	ADJ
ajfa-716	254	9	correlation	correlation	NOUN
ajfa-716	254	10	between	between	ADP
ajfa-716	254	11	hdi	hdi	PROPN
ajfa-716	254	12	and	and	CCONJ
ajfa-716	254	13	msci	msci	PROPN
ajfa-716	254	14	return	return	NOUN
ajfa-716	254	15	.	.	PUNCT
ajfa-716	255	1	overall	overall	ADV
ajfa-716	255	2	,	,	PUNCT
ajfa-716	255	3	the	the	DET
ajfa-716	255	4	correlation	correlation	NOUN
ajfa-716	255	5	analysis	analysis	NOUN
ajfa-716	255	6	clearly	clearly	ADV
ajfa-716	255	7	shows	show	VERB
ajfa-716	255	8	a	a	DET
ajfa-716	255	9	tendency	tendency	NOUN
ajfa-716	255	10	towards	towards	ADP
ajfa-716	255	11	wealth	wealth	NOUN
ajfa-716	255	12	maximisation	maximisation	NOUN
ajfa-716	255	13	and	and	CCONJ
ajfa-716	255	14	concentration	concentration	NOUN
ajfa-716	255	15	in	in	ADP
ajfa-716	255	16	the	the	DET
ajfa-716	255	17	developed	developed	ADJ
ajfa-716	255	18	and	and	CCONJ
ajfa-716	255	19	emerging	emerge	VERB
ajfa-716	255	20	countries	country	NOUN
ajfa-716	255	21	and	and	CCONJ
ajfa-716	255	22	more	more	ADJ
ajfa-716	255	23	wealth	wealth	NOUN
ajfa-716	255	24	distribution	distribution	NOUN
ajfa-716	255	25	for	for	ADP
ajfa-716	255	26	social	social	ADJ
ajfa-716	255	27	welfare	welfare	NOUN
ajfa-716	255	28	in	in	ADP
ajfa-716	255	29	frontier	frontier	NOUN
ajfa-716	255	30	or	or	CCONJ
ajfa-716	255	31	less	less	ADV
ajfa-716	255	32	-	-	PUNCT
ajfa-716	255	33	developed	develop	VERB
ajfa-716	255	34	countries	country	NOUN
ajfa-716	255	35	.	.	PUNCT
ajfa-716	256	1	5	5	X
ajfa-716	256	2	.	.	X
ajfa-716	256	3	the	the	DET
ajfa-716	256	4	case	case	NOUN
ajfa-716	256	5	of	of	ADP
ajfa-716	256	6	sri	sri	PROPN
ajfa-716	256	7	lanka	lanka	PROPN
ajfa-716	256	8	sri	sri	PROPN
ajfa-716	256	9	lanka	lanka	PROPN
ajfa-716	256	10	,	,	PUNCT
ajfa-716	256	11	which	which	PRON
ajfa-716	256	12	is	be	AUX
ajfa-716	256	13	geographically	geographically	ADV
ajfa-716	256	14	close	close	ADJ
ajfa-716	256	15	to	to	ADP
ajfa-716	256	16	india	india	PROPN
ajfa-716	256	17	and	and	CCONJ
ajfa-716	256	18	china	china	PROPN
ajfa-716	256	19	,	,	PUNCT
ajfa-716	256	20	the	the	DET
ajfa-716	256	21	two	two	NUM
ajfa-716	256	22	large	large	ADJ
ajfa-716	256	23	,	,	PUNCT
ajfa-716	256	24	developing	develop	VERB
ajfa-716	256	25	countries	country	NOUN
ajfa-716	256	26	with	with	ADP
ajfa-716	256	27	exceptionally	exceptionally	ADV
ajfa-716	256	28	high	high	ADJ
ajfa-716	256	29	growth	growth	NOUN
ajfa-716	256	30	rates	rate	NOUN
ajfa-716	256	31	in	in	ADP
ajfa-716	256	32	recent	recent	ADJ
ajfa-716	256	33	decades	decade	NOUN
ajfa-716	256	34	,	,	PUNCT
ajfa-716	256	35	is	be	AUX
ajfa-716	256	36	an	an	DET
ajfa-716	256	37	emerging	emerge	VERB
ajfa-716	256	38	economy	economy	NOUN
ajfa-716	256	39	according	accord	VERB
ajfa-716	256	40	to	to	ADP
ajfa-716	256	41	the	the	DET
ajfa-716	256	42	imf	imf	PROPN
ajfa-716	256	43	classification	classification	NOUN
ajfa-716	256	44	,	,	PUNCT
ajfa-716	256	45	has	have	AUX
ajfa-716	256	46	shown	show	VERB
ajfa-716	256	47	strong	strong	ADJ
ajfa-716	256	48	economic	economic	ADJ
ajfa-716	256	49	growth	growth	NOUN
ajfa-716	256	50	in	in	ADP
ajfa-716	256	51	recent	recent	ADJ
ajfa-716	256	52	years	year	NOUN
ajfa-716	256	53	.	.	PUNCT
ajfa-716	257	1	this	this	DET
ajfa-716	257	2	country	country	NOUN
ajfa-716	257	3	has	have	AUX
ajfa-716	257	4	achieved	achieve	VERB
ajfa-716	257	5	a	a	DET
ajfa-716	257	6	respectable	respectable	ADJ
ajfa-716	257	7	rate	rate	NOUN
ajfa-716	257	8	of	of	ADP
ajfa-716	257	9	economic	economic	ADJ
ajfa-716	257	10	and	and	CCONJ
ajfa-716	257	11	social	social	ADJ
ajfa-716	257	12	development	development	NOUN
ajfa-716	257	13	despite	despite	SCONJ
ajfa-716	257	14	the	the	DET
ajfa-716	257	15	long	long	ADV
ajfa-716	257	16	-	-	PUNCT
ajfa-716	257	17	running	run	VERB
ajfa-716	257	18	and	and	CCONJ
ajfa-716	257	19	destructive	destructive	ADJ
ajfa-716	257	20	internal	internal	ADJ
ajfa-716	257	21	war	war	NOUN
ajfa-716	257	22	.	.	PUNCT
ajfa-716	258	1	hence	hence	ADV
ajfa-716	258	2	,	,	PUNCT
ajfa-716	258	3	special	special	ADJ
ajfa-716	258	4	attention	attention	NOUN
ajfa-716	258	5	is	be	AUX
ajfa-716	258	6	paid	pay	VERB
ajfa-716	258	7	to	to	PART
ajfa-716	258	8	sri	sri	VERB
ajfa-716	258	9	lanka	lanka	PROPN
ajfa-716	258	10	in	in	ADP
ajfa-716	258	11	this	this	DET
ajfa-716	258	12	paper	paper	NOUN
ajfa-716	258	13	.	.	PUNCT
ajfa-716	259	1	sri	sri	PROPN
ajfa-716	259	2	lanka	lanka	PROPN
ajfa-716	259	3	has	have	VERB
ajfa-716	259	4	a	a	DET
ajfa-716	259	5	very	very	ADV
ajfa-716	259	6	high	high	ADJ
ajfa-716	259	7	literacy	literacy	NOUN
ajfa-716	259	8	rate	rate	NOUN
ajfa-716	259	9	of	of	ADP
ajfa-716	259	10	91.3	91.3	NUM
ajfa-716	259	11	%	%	NOUN
ajfa-716	259	12	,	,	PUNCT
ajfa-716	259	13	one	one	NUM
ajfa-716	259	14	of	of	ADP
ajfa-716	259	15	the	the	DET
ajfa-716	259	16	highest	high	ADJ
ajfa-716	259	17	in	in	ADP
ajfa-716	259	18	the	the	DET
ajfa-716	259	19	region	region	NOUN
ajfa-716	259	20	.	.	PUNCT
ajfa-716	260	1	however	however	ADV
ajfa-716	260	2	,	,	PUNCT
ajfa-716	260	3	the	the	DET
ajfa-716	260	4	dependency	dependency	NOUN
ajfa-716	260	5	ratio	ratio	NOUN
ajfa-716	260	6	is	be	AUX
ajfa-716	260	7	also	also	ADV
ajfa-716	260	8	high	high	ADJ
ajfa-716	260	9	at	at	ADP
ajfa-716	260	10	48.3	48.3	NUM
ajfa-716	260	11	%	%	NOUN
ajfa-716	260	12	(	(	PUNCT
ajfa-716	260	13	central	central	ADJ
ajfa-716	260	14	bank	bank	NOUN
ajfa-716	260	15	of	of	ADP
ajfa-716	260	16	sri	sri	PROPN
ajfa-716	260	17	lanka	lanka	PROPN
ajfa-716	260	18	annual	annual	ADJ
ajfa-716	260	19	report	report	NOUN
ajfa-716	260	20	,	,	PUNCT
ajfa-716	260	21	2009	2009	NUM
ajfa-716	260	22	)	)	PUNCT
ajfa-716	260	23	.	.	PUNCT
ajfa-716	261	1	each	each	DET
ajfa-716	261	2	year	year	NOUN
ajfa-716	261	3	the	the	DET
ajfa-716	261	4	government	government	NOUN
ajfa-716	261	5	of	of	ADP
ajfa-716	261	6	sri	sri	PROPN
ajfa-716	261	7	lanka	lanka	PROPN
ajfa-716	261	8	spends	spend	VERB
ajfa-716	261	9	a	a	DET
ajfa-716	261	10	substantial	substantial	ADJ
ajfa-716	261	11	portion	portion	NOUN
ajfa-716	261	12	of	of	ADP
ajfa-716	261	13	its	its	PRON
ajfa-716	261	14	national	national	ADJ
ajfa-716	261	15	income	income	NOUN
ajfa-716	261	16	on	on	ADP
ajfa-716	261	17	the	the	DET
ajfa-716	261	18	social	social	ADJ
ajfa-716	261	19	welfare	welfare	NOUN
ajfa-716	261	20	programs	program	NOUN
ajfa-716	261	21	such	such	ADJ
ajfa-716	261	22	as	as	ADP
ajfa-716	261	23	free	free	ADJ
ajfa-716	261	24	education	education	NOUN
ajfa-716	261	25	,	,	PUNCT
ajfa-716	261	26	free	free	ADJ
ajfa-716	261	27	public	public	ADJ
ajfa-716	261	28	health	health	NOUN
ajfa-716	261	29	,	,	PUNCT
ajfa-716	261	30	and	and	CCONJ
ajfa-716	261	31	both	both	CCONJ
ajfa-716	261	32	financial	financial	ADJ
ajfa-716	261	33	and	and	CCONJ
ajfa-716	261	34	non	non	ADJ
ajfa-716	261	35	-	-	ADJ
ajfa-716	261	36	financial	financial	ADJ
ajfa-716	261	37	assistance	assistance	NOUN
ajfa-716	261	38	to	to	ADP
ajfa-716	261	39	the	the	DET
ajfa-716	261	40	less	less	ADV
ajfa-716	261	41	-	-	PUNCT
ajfa-716	261	42	privileged	privileged	ADJ
ajfa-716	261	43	members	member	NOUN
ajfa-716	261	44	in	in	ADP
ajfa-716	261	45	the	the	DET
ajfa-716	261	46	country	country	NOUN
ajfa-716	261	47	.	.	PUNCT
ajfa-716	262	1	in	in	ADP
ajfa-716	262	2	the	the	DET
ajfa-716	262	3	early	early	ADJ
ajfa-716	262	4	90	90	NUM
ajfa-716	262	5	's	's	PART
ajfa-716	262	6	a	a	DET
ajfa-716	262	7	new	new	ADJ
ajfa-716	262	8	cohort	cohort	NOUN
ajfa-716	262	9	of	of	ADP
ajfa-716	262	10	creative	creative	ADJ
ajfa-716	262	11	and	and	CCONJ
ajfa-716	262	12	strategically	strategically	ADV
ajfa-716	262	13	oriented	orient	VERB
ajfa-716	262	14	entrepreneurs	entrepreneur	NOUN
ajfa-716	262	15	emerged	emerge	VERB
ajfa-716	262	16	,	,	PUNCT
ajfa-716	262	17	buoyed	buoy	VERB
ajfa-716	262	18	by	by	ADP
ajfa-716	262	19	an	an	DET
ajfa-716	262	20	aggressive	aggressive	ADJ
ajfa-716	262	21	privatization	privatization	NOUN
ajfa-716	262	22	program	program	NOUN
ajfa-716	262	23	.	.	PUNCT
ajfa-716	263	1	since	since	SCONJ
ajfa-716	263	2	then	then	ADV
ajfa-716	263	3	the	the	DET
ajfa-716	263	4	economy	economy	NOUN
ajfa-716	263	5	of	of	ADP
ajfa-716	263	6	sri	sri	PROPN
ajfa-716	263	7	lanka	lanka	PROPN
ajfa-716	263	8	has	have	AUX
ajfa-716	263	9	improved	improve	VERB
ajfa-716	263	10	considerably	considerably	ADV
ajfa-716	263	11	,	,	PUNCT
ajfa-716	263	12	in	in	ADP
ajfa-716	263	13	large	large	ADJ
ajfa-716	263	14	part	part	NOUN
ajfa-716	263	15	due	due	ADP
ajfa-716	263	16	to	to	ADP
ajfa-716	263	17	investor	investor	NOUN
ajfa-716	263	18	-	-	PUNCT
ajfa-716	263	19	friendly	friendly	ADJ
ajfa-716	263	20	policy	policy	NOUN
ajfa-716	263	21	measures	measure	NOUN
ajfa-716	263	22	such	such	ADJ
ajfa-716	263	23	as	as	ADP
ajfa-716	263	24	dedicated	dedicated	ADJ
ajfa-716	263	25	fdi	fdi	NOUN
ajfa-716	263	26	zones	zone	NOUN
ajfa-716	263	27	,	,	PUNCT
ajfa-716	263	28	expansion	expansion	NOUN
ajfa-716	263	29	of	of	ADP
ajfa-716	263	30	infrastructure	infrastructure	NOUN
ajfa-716	263	31	,	,	PUNCT
ajfa-716	263	32	the	the	DET
ajfa-716	263	33	increasing	increase	VERB
ajfa-716	263	34	number	number	NOUN
ajfa-716	263	35	of	of	ADP
ajfa-716	263	36	skilled	skilled	ADJ
ajfa-716	263	37	employees	employee	NOUN
ajfa-716	263	38	,	,	PUNCT
ajfa-716	263	39	and	and	CCONJ
ajfa-716	263	40	the	the	DET
ajfa-716	263	41	opening	opening	NOUN
ajfa-716	263	42	up	up	ADP
ajfa-716	263	43	of	of	ADP
ajfa-716	263	44	the	the	DET
ajfa-716	263	45	capital	capital	NOUN
ajfa-716	263	46	market	market	NOUN
ajfa-716	263	47	to	to	ADP
ajfa-716	263	48	foreign	foreign	ADJ
ajfa-716	263	49	investment	investment	NOUN
ajfa-716	263	50	;	;	PUNCT
ajfa-716	263	51	all	all	PRON
ajfa-716	263	52	of	of	ADP
ajfa-716	263	53	which	which	PRON
ajfa-716	263	54	contributed	contribute	VERB
ajfa-716	263	55	to	to	ADP
ajfa-716	263	56	economic	economic	ADJ
ajfa-716	263	57	growth	growth	NOUN
ajfa-716	263	58	.	.	PUNCT
ajfa-716	264	1	for	for	ADP
ajfa-716	264	2	instance	instance	NOUN
ajfa-716	264	3	,	,	PUNCT
ajfa-716	264	4	the	the	DET
ajfa-716	264	5	number	number	NOUN
ajfa-716	264	6	of	of	ADP
ajfa-716	264	7	foreign	foreign	ADJ
ajfa-716	264	8	companies	company	NOUN
ajfa-716	264	9	has	have	AUX
ajfa-716	264	10	visibly	visibly	ADV
ajfa-716	264	11	increased	increase	VERB
ajfa-716	264	12	.	.	PUNCT
ajfa-716	265	1	in	in	ADP
ajfa-716	265	2	1995	1995	NUM
ajfa-716	265	3	fdi	fdi	NOUN
ajfa-716	265	4	was	be	AUX
ajfa-716	265	5	only	only	ADV
ajfa-716	265	6	0.4	0.4	NUM
ajfa-716	265	7	%	%	NOUN
ajfa-716	265	8	of	of	ADP
ajfa-716	265	9	gdp	gdp	NOUN
ajfa-716	265	10	,	,	PUNCT
ajfa-716	265	11	however	however	ADV
ajfa-716	265	12	,	,	PUNCT
ajfa-716	265	13	by	by	ADP
ajfa-716	265	14	2007	2007	NUM
ajfa-716	265	15	it	it	PRON
ajfa-716	265	16	had	have	AUX
ajfa-716	265	17	increased	increase	VERB
ajfa-716	265	18	to	to	ADP
ajfa-716	265	19	over	over	ADP
ajfa-716	265	20	2	2	NUM
ajfa-716	265	21	%	%	NOUN
ajfa-716	265	22	.	.	PUNCT
ajfa-716	266	1	moreover	moreover	ADV
ajfa-716	266	2	,	,	PUNCT
ajfa-716	266	3	sri	sri	PROPN
ajfa-716	266	4	lanka	lanka	PROPN
ajfa-716	266	5	’s	’s	PART
ajfa-716	266	6	fdi	fdi	PROPN
ajfa-716	266	7	is	be	AUX
ajfa-716	266	8	widely	widely	ADV
ajfa-716	266	9	diversified	diversify	VERB
ajfa-716	266	10	and	and	CCONJ
ajfa-716	266	11	include	include	VERB
ajfa-716	266	12	:	:	PUNCT
ajfa-716	266	13	ceramics	ceramic	NOUN
ajfa-716	266	14	,	,	PUNCT
ajfa-716	266	15	rubber	rubber	NOUN
ajfa-716	266	16	,	,	PUNCT
ajfa-716	266	17	electrical	electrical	ADJ
ajfa-716	266	18	goods	good	NOUN
ajfa-716	266	19	,	,	PUNCT
ajfa-716	266	20	gems	gem	NOUN
ajfa-716	266	21	and	and	CCONJ
ajfa-716	266	22	jewellery	jewellery	NOUN
ajfa-716	266	23	,	,	PUNCT
ajfa-716	266	24	information	information	NOUN
ajfa-716	266	25	technology	technology	NOUN
ajfa-716	266	26	and	and	CCONJ
ajfa-716	266	27	business	business	NOUN
ajfa-716	266	28	process	process	NOUN
ajfa-716	266	29	outsourcing	outsourcing	NOUN
ajfa-716	266	30	,	,	PUNCT
ajfa-716	266	31	education	education	NOUN
ajfa-716	266	32	,	,	PUNCT
ajfa-716	266	33	tourism	tourism	NOUN
ajfa-716	266	34	,	,	PUNCT
ajfa-716	266	35	agriculture	agriculture	NOUN
ajfa-716	266	36	,	,	PUNCT
ajfa-716	266	37	textile	textile	NOUN
ajfa-716	266	38	and	and	CCONJ
ajfa-716	266	39	apparel	apparel	NOUN
ajfa-716	266	40	,	,	PUNCT
ajfa-716	266	41	fabricated	fabricate	VERB
ajfa-716	266	42	metal	metal	NOUN
ajfa-716	266	43	,	,	PUNCT
ajfa-716	266	44	and	and	CCONJ
ajfa-716	266	45	the	the	DET
ajfa-716	266	46	medical	medical	ADJ
ajfa-716	266	47	and	and	CCONJ
ajfa-716	266	48	pharmaceutical	pharmaceutical	NOUN
ajfa-716	266	49	industries	industry	NOUN
ajfa-716	266	50	(	(	PUNCT
ajfa-716	266	51	central	central	ADJ
ajfa-716	266	52	bank	bank	NOUN
ajfa-716	266	53	of	of	ADP
ajfa-716	266	54	sri	sri	PROPN
ajfa-716	266	55	lanka	lanka	PROPN
ajfa-716	266	56	,	,	PUNCT
ajfa-716	266	57	2008	2008	NUM
ajfa-716	266	58	)	)	PUNCT
ajfa-716	266	59	.	.	PUNCT
ajfa-716	267	1	at	at	ADP
ajfa-716	267	2	present	present	ADJ
ajfa-716	267	3	,	,	PUNCT
ajfa-716	267	4	70	70	NUM
ajfa-716	267	5	%	%	NOUN
ajfa-716	267	6	of	of	ADP
ajfa-716	267	7	exports	export	NOUN
ajfa-716	267	8	from	from	ADP
ajfa-716	267	9	sri	sri	PROPN
ajfa-716	267	10	lanka	lanka	PROPN
ajfa-716	267	11	and	and	CCONJ
ajfa-716	267	12	80	80	NUM
ajfa-716	267	13	%	%	NOUN
ajfa-716	267	14	of	of	ADP
ajfa-716	267	15	its	its	PRON
ajfa-716	267	16	industrial	industrial	ADJ
ajfa-716	267	17	exports	export	NOUN
ajfa-716	267	18	are	be	AUX
ajfa-716	267	19	carried	carry	VERB
ajfa-716	267	20	out	out	ADP
ajfa-716	267	21	by	by	ADP
ajfa-716	267	22	companies	company	NOUN
ajfa-716	267	23	approved	approve	VERB
ajfa-716	267	24	by	by	ADP
ajfa-716	267	25	the	the	DET
ajfa-716	267	26	board	board	NOUN
ajfa-716	267	27	of	of	ADP
ajfa-716	267	28	investments	investment	NOUN
ajfa-716	267	29	.	.	PUNCT
ajfa-716	268	1	as	as	ADP
ajfa-716	268	2	a	a	DET
ajfa-716	268	3	result	result	NOUN
ajfa-716	268	4	of	of	ADP
ajfa-716	268	5	the	the	DET
ajfa-716	268	6	foregoing	forego	VERB
ajfa-716	268	7	developments	development	NOUN
ajfa-716	268	8	,	,	PUNCT
ajfa-716	268	9	sri	sri	PROPN
ajfa-716	268	10	lanka	lanka	PROPN
ajfa-716	268	11	is	be	AUX
ajfa-716	268	12	now	now	ADV
ajfa-716	268	13	in	in	ADP
ajfa-716	268	14	a	a	DET
ajfa-716	268	15	position	position	NOUN
ajfa-716	268	16	to	to	PART
ajfa-716	268	17	compete	compete	VERB
ajfa-716	268	18	in	in	ADP
ajfa-716	268	19	the	the	DET
ajfa-716	268	20	global	global	ADJ
ajfa-716	268	21	market	market	NOUN
ajfa-716	268	22	place	place	NOUN
ajfa-716	268	23	.	.	PUNCT
ajfa-716	269	1	although	although	SCONJ
ajfa-716	269	2	the	the	DET
ajfa-716	269	3	devastating	devastating	ADJ
ajfa-716	269	4	boxing	boxing	NOUN
ajfa-716	269	5	day	day	NOUN
ajfa-716	269	6	tsunami	tsunami	NOUN
ajfa-716	269	7	in	in	ADP
ajfa-716	269	8	2004	2004	NUM
ajfa-716	269	9	may	may	AUX
ajfa-716	269	10	have	have	AUX
ajfa-716	269	11	set	set	VERB
ajfa-716	269	12	back	back	ADP
ajfa-716	269	13	some	some	PRON
ajfa-716	269	14	of	of	ADP
ajfa-716	269	15	these	these	DET
ajfa-716	269	16	efforts	effort	NOUN
ajfa-716	269	17	,	,	PUNCT
ajfa-716	269	18	the	the	DET
ajfa-716	269	19	end	end	NOUN
ajfa-716	269	20	of	of	ADP
ajfa-716	269	21	three	three	NUM
ajfa-716	269	22	decades	decade	NOUN
ajfa-716	269	23	of	of	ADP
ajfa-716	269	24	civil	civil	ADJ
ajfa-716	269	25	war	war	NOUN
ajfa-716	269	26	coupled	couple	VERB
ajfa-716	269	27	with	with	ADP
ajfa-716	269	28	investor	investor	NOUN
ajfa-716	269	29	-	-	PUNCT
ajfa-716	269	30	friendly	friendly	ADJ
ajfa-716	269	31	policies	policy	NOUN
ajfa-716	269	32	,	,	PUNCT
ajfa-716	269	33	have	have	AUX
ajfa-716	269	34	resulted	result	VERB
ajfa-716	269	35	in	in	ADP
ajfa-716	269	36	a	a	DET
ajfa-716	269	37	large	large	ADJ
ajfa-716	269	38	expansion	expansion	NOUN
ajfa-716	269	39	of	of	ADP
ajfa-716	269	40	national	national	ADJ
ajfa-716	269	41	and	and	CCONJ
ajfa-716	269	42	international	international	ADJ
ajfa-716	269	43	business	business	NOUN
ajfa-716	269	44	activities	activity	NOUN
ajfa-716	269	45	in	in	ADP
ajfa-716	269	46	sri	sri	PROPN
ajfa-716	269	47	lanka	lanka	PROPN
ajfa-716	269	48	.	.	PUNCT
ajfa-716	270	1	according	accord	VERB
ajfa-716	270	2	to	to	ADP
ajfa-716	270	3	united	united	PROPN
ajfa-716	270	4	nations	nations	PROPN
ajfa-716	270	5	development	development	PROPN
ajfa-716	270	6	program	program	PROPN
ajfa-716	270	7	(	(	PUNCT
ajfa-716	270	8	undp	undp	PROPN
ajfa-716	270	9	)	)	PUNCT
ajfa-716	270	10	,	,	PUNCT
ajfa-716	270	11	in	in	ADP
ajfa-716	270	12	2009	2009	NUM
ajfa-716	270	13	sri	sri	PROPN
ajfa-716	270	14	lanka	lanka	PROPN
ajfa-716	270	15	’s	’s	PART
ajfa-716	270	16	per	per	ADP
ajfa-716	270	17	capita	capita	X
ajfa-716	270	18	gdp	gdp	NOUN
ajfa-716	270	19	was	be	AUX
ajfa-716	270	20	us$	us$	SYM
ajfa-716	270	21	2,029	2,029	NUM
ajfa-716	270	22	(	(	PUNCT
ajfa-716	270	23	1	1	NUM
ajfa-716	270	24	us$	us$	PROPN
ajfa-716	270	25	=	=	PUNCT
ajfa-716	270	26	slrs	slrs	ADJ
ajfa-716	270	27	.	.	PUNCT
ajfa-716	271	1	110.80	110.80	NUM
ajfa-716	271	2	on	on	ADP
ajfa-716	271	3	31	31	NUM
ajfa-716	271	4	october	october	NOUN
ajfa-716	271	5	2010	2010	NUM
ajfa-716	271	6	)	)	PUNCT
ajfa-716	271	7	,	,	PUNCT
ajfa-716	271	8	which	which	PRON
ajfa-716	271	9	increased	increase	VERB
ajfa-716	271	10	to	to	ADP
ajfa-716	271	11	us$4999	us$4999	NOUN
ajfa-716	271	12	in	in	ADP
ajfa-716	271	13	the	the	DET
ajfa-716	271	14	following	following	ADJ
ajfa-716	271	15	year	year	NOUN
ajfa-716	271	16	(	(	PUNCT
ajfa-716	271	17	undp	undp	PROPN
ajfa-716	271	18	,	,	PUNCT
ajfa-716	271	19	2011	2011	NUM
ajfa-716	271	20	)	)	PUNCT
ajfa-716	271	21	.	.	PUNCT
ajfa-716	272	1	the	the	DET
ajfa-716	272	2	performance	performance	NOUN
ajfa-716	272	3	of	of	ADP
ajfa-716	272	4	sri	sri	PROPN
ajfa-716	272	5	lanka	lanka	PROPN
ajfa-716	272	6	’s	’s	PART
ajfa-716	272	7	economy	economy	NOUN
ajfa-716	272	8	depends	depend	VERB
ajfa-716	272	9	heavily	heavily	ADV
ajfa-716	272	10	on	on	ADP
ajfa-716	272	11	the	the	DET
ajfa-716	272	12	service	service	NOUN
ajfa-716	272	13	sector	sector	NOUN
ajfa-716	272	14	,	,	PUNCT
ajfa-716	272	15	(	(	PUNCT
ajfa-716	272	16	claims	claim	VERB
ajfa-716	272	17	59	59	NUM
ajfa-716	272	18	%	%	NOUN
ajfa-716	272	19	of	of	ADP
ajfa-716	272	20	the	the	DET
ajfa-716	272	21	gdp	gdp	NOUN
ajfa-716	272	22	)	)	PUNCT
ajfa-716	272	23	,	,	PUNCT
ajfa-716	272	24	the	the	DET
ajfa-716	272	25	industrial	industrial	ADJ
ajfa-716	272	26	sector	sector	NOUN
ajfa-716	272	27	(	(	PUNCT
ajfa-716	272	28	28.6	28.6	NUM
ajfa-716	272	29	%	%	NOUN
ajfa-716	272	30	)	)	PUNCT
ajfa-716	272	31	and	and	CCONJ
ajfa-716	272	32	the	the	DET
ajfa-716	272	33	agriculture	agriculture	NOUN
ajfa-716	272	34	sector	sector	NOUN
ajfa-716	272	35	(	(	PUNCT
ajfa-716	272	36	12	12	NUM
ajfa-716	272	37	%	%	NOUN
ajfa-716	272	38	)	)	PUNCT
ajfa-716	272	39	.	.	PUNCT
ajfa-716	273	1	while	while	SCONJ
ajfa-716	273	2	tea	tea	NOUN
ajfa-716	273	3	,	,	PUNCT
ajfa-716	273	4	rubber	rubber	NOUN
ajfa-716	273	5	,	,	PUNCT
ajfa-716	273	6	coconut	coconut	NOUN
ajfa-716	273	7	and	and	CCONJ
ajfa-716	273	8	some	some	DET
ajfa-716	273	9	agricultural	agricultural	ADJ
ajfa-716	273	10	crops	crop	NOUN
ajfa-716	273	11	still	still	ADV
ajfa-716	273	12	play	play	VERB
ajfa-716	273	13	a	a	DET
ajfa-716	273	14	major	major	ADJ
ajfa-716	273	15	part	part	NOUN
ajfa-716	273	16	in	in	ADP
ajfa-716	273	17	sri	sri	PROPN
ajfa-716	273	18	lanka	lanka	PROPN
ajfa-716	273	19	’s	’s	PART
ajfa-716	273	20	export	export	NOUN
ajfa-716	273	21	profile	profile	NOUN
ajfa-716	273	22	,	,	PUNCT
ajfa-716	273	23	these	these	DET
ajfa-716	273	24	commodities	commodity	NOUN
ajfa-716	273	25	have	have	AUX
ajfa-716	273	26	been	be	AUX
ajfa-716	273	27	superseded	supersede	VERB
ajfa-716	273	28	by	by	ADP
ajfa-716	273	29	textile	textile	NOUN
ajfa-716	273	30	and	and	CCONJ
ajfa-716	273	31	clothing	clothing	NOUN
ajfa-716	273	32	exports	export	NOUN
ajfa-716	273	33	(	(	PUNCT
ajfa-716	273	34	central	central	ADJ
ajfa-716	273	35	bank	bank	NOUN
ajfa-716	273	36	of	of	ADP
ajfa-716	273	37	sri	sri	PROPN
ajfa-716	273	38	lanka	lanka	PROPN
ajfa-716	273	39	,	,	PUNCT
ajfa-716	273	40	2009	2009	NUM
ajfa-716	273	41	)	)	PUNCT
ajfa-716	273	42	.	.	PUNCT
ajfa-716	274	1	asian	asian	ADJ
ajfa-716	274	2	journal	journal	PROPN
ajfa-716	274	3	of	of	ADP
ajfa-716	274	4	finance	finance	PROPN
ajfa-716	274	5	&	&	CCONJ
ajfa-716	274	6	accounting	accounting	PROPN
ajfa-716	274	7	issn	issn	PROPN
ajfa-716	274	8	1946	1946	NUM
ajfa-716	274	9	-	-	PUNCT
ajfa-716	274	10	052x	052x	NOUN
ajfa-716	274	11	2011	2011	NUM
ajfa-716	274	12	,	,	PUNCT
ajfa-716	274	13	vol	vol	NOUN
ajfa-716	274	14	.	.	PROPN
ajfa-716	275	1	3	3	NUM
ajfa-716	275	2	,	,	PUNCT
ajfa-716	275	3	no	no	INTJ
ajfa-716	275	4	.	.	NOUN
ajfa-716	275	5	1	1	NUM
ajfa-716	275	6	:	:	PUNCT
ajfa-716	275	7	e7	e7	PROPN
ajfa-716	275	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	275	9	121	121	NUM
ajfa-716	275	10	the	the	DET
ajfa-716	275	11	colombo	colombo	NOUN
ajfa-716	275	12	stock	stock	NOUN
ajfa-716	275	13	exchange	exchange	PROPN
ajfa-716	275	14	(	(	PUNCT
ajfa-716	275	15	cse	cse	NOUN
ajfa-716	275	16	)	)	PUNCT
ajfa-716	275	17	is	be	AUX
ajfa-716	275	18	sri	sri	PROPN
ajfa-716	275	19	lanka	lanka	PROPN
ajfa-716	275	20	’s	’s	PART
ajfa-716	275	21	major	major	ADJ
ajfa-716	275	22	stock	stock	NOUN
ajfa-716	275	23	exchange	exchange	NOUN
ajfa-716	275	24	and	and	CCONJ
ajfa-716	275	25	one	one	NUM
ajfa-716	275	26	of	of	ADP
ajfa-716	275	27	the	the	DET
ajfa-716	275	28	most	most	ADV
ajfa-716	275	29	advanced	advanced	ADJ
ajfa-716	275	30	stock	stock	NOUN
ajfa-716	275	31	exchanges	exchange	NOUN
ajfa-716	275	32	in	in	ADP
ajfa-716	275	33	south	south	PROPN
ajfa-716	275	34	asia	asia	PROPN
ajfa-716	275	35	.	.	PUNCT
ajfa-716	276	1	the	the	DET
ajfa-716	276	2	cse	cse	NOUN
ajfa-716	276	3	has	have	VERB
ajfa-716	276	4	232	232	NUM
ajfa-716	276	5	companies	company	NOUN
ajfa-716	276	6	representing	represent	VERB
ajfa-716	276	7	20	20	NUM
ajfa-716	276	8	business	business	NOUN
ajfa-716	276	9	sectors	sector	NOUN
ajfa-716	276	10	and	and	CCONJ
ajfa-716	276	11	the	the	DET
ajfa-716	276	12	market	market	NOUN
ajfa-716	276	13	capitalisation	capitalisation	NOUN
ajfa-716	276	14	as	as	ADP
ajfa-716	276	15	of	of	ADP
ajfa-716	276	16	31st	31st	ADJ
ajfa-716	276	17	march	march	NOUN
ajfa-716	276	18	2010	2010	NUM
ajfa-716	276	19	was	be	AUX
ajfa-716	276	20	slrs	slrs	ADJ
ajfa-716	276	21	.	.	PUNCT
ajfa-716	277	1	1,210.8	1,210.8	NUM
ajfa-716	277	2	billion	billion	NUM
ajfa-716	277	3	(	(	PUNCT
ajfa-716	277	4	us$	us$	SYM
ajfa-716	277	5	10.91	10.91	NUM
ajfa-716	277	6	billion	billion	NUM
ajfa-716	277	7	)	)	PUNCT
ajfa-716	277	8	.	.	PUNCT
ajfa-716	278	1	for	for	ADP
ajfa-716	278	2	the	the	DET
ajfa-716	278	3	years	year	NOUN
ajfa-716	278	4	1993	1993	NUM
ajfa-716	278	5	-	-	SYM
ajfa-716	278	6	2009	2009	NUM
ajfa-716	278	7	,	,	PUNCT
ajfa-716	278	8	sri	sri	PROPN
ajfa-716	278	9	lanka	lanka	PROPN
ajfa-716	278	10	had	have	VERB
ajfa-716	278	11	a	a	DET
ajfa-716	278	12	mean	mean	ADJ
ajfa-716	278	13	msci	msci	PROPN
ajfa-716	278	14	return	return	NOUN
ajfa-716	278	15	of	of	ADP
ajfa-716	278	16	19.75	19.75	NUM
ajfa-716	278	17	%	%	NOUN
ajfa-716	278	18	,	,	PUNCT
ajfa-716	278	19	with	with	ADP
ajfa-716	278	20	a	a	DET
ajfa-716	278	21	wide	wide	ADJ
ajfa-716	278	22	range	range	NOUN
ajfa-716	278	23	between	between	ADP
ajfa-716	278	24	-60.58	-60.58	NOUN
ajfa-716	278	25	%	%	NOUN
ajfa-716	278	26	and	and	CCONJ
ajfa-716	278	27	187.67	187.67	NUM
ajfa-716	278	28	%	%	NOUN
ajfa-716	278	29	as	as	SCONJ
ajfa-716	278	30	presented	present	VERB
ajfa-716	278	31	in	in	ADP
ajfa-716	278	32	table	table	NOUN
ajfa-716	278	33	1	1	NUM
ajfa-716	278	34	.	.	PUNCT
ajfa-716	279	1	during	during	ADP
ajfa-716	279	2	the	the	DET
ajfa-716	279	3	same	same	ADJ
ajfa-716	279	4	period	period	NOUN
ajfa-716	279	5	,	,	PUNCT
ajfa-716	279	6	sri	sri	PROPN
ajfa-716	279	7	lanka	lanka	PROPN
ajfa-716	279	8	experienced	experience	VERB
ajfa-716	279	9	a	a	DET
ajfa-716	279	10	satisfactory	satisfactory	ADJ
ajfa-716	279	11	average	average	ADJ
ajfa-716	279	12	gdp	gdp	NOUN
ajfa-716	279	13	growth	growth	NOUN
ajfa-716	279	14	of	of	ADP
ajfa-716	279	15	15.42	15.42	NUM
ajfa-716	279	16	%	%	NOUN
ajfa-716	279	17	,	,	PUNCT
ajfa-716	279	18	with	with	ADP
ajfa-716	279	19	a	a	DET
ajfa-716	279	20	range	range	NOUN
ajfa-716	279	21	between	between	ADP
ajfa-716	279	22	8.64	8.64	NUM
ajfa-716	279	23	%	%	NOUN
ajfa-716	279	24	and	and	CCONJ
ajfa-716	279	25	23.25	23.25	NUM
ajfa-716	279	26	%	%	NOUN
ajfa-716	279	27	(	(	PUNCT
ajfa-716	279	28	table	table	NOUN
ajfa-716	279	29	1	1	NUM
ajfa-716	279	30	)	)	PUNCT
ajfa-716	279	31	.	.	PUNCT
ajfa-716	280	1	sri	sri	PROPN
ajfa-716	280	2	lanka	lanka	PROPN
ajfa-716	280	3	was	be	AUX
ajfa-716	280	4	ranked	rank	VERB
ajfa-716	280	5	one	one	NUM
ajfa-716	280	6	of	of	ADP
ajfa-716	280	7	the	the	DET
ajfa-716	280	8	top	top	ADJ
ajfa-716	280	9	two	two	NUM
ajfa-716	280	10	on	on	ADP
ajfa-716	280	11	both	both	DET
ajfa-716	280	12	msci	msci	PROPN
ajfa-716	280	13	returns	return	NOUN
ajfa-716	280	14	(	(	PUNCT
ajfa-716	280	15	21.39	21.39	NUM
ajfa-716	280	16	%	%	NOUN
ajfa-716	280	17	)	)	PUNCT
ajfa-716	280	18	and	and	CCONJ
ajfa-716	280	19	gdp	gdp	NOUN
ajfa-716	280	20	growth	growth	NOUN
ajfa-716	280	21	rate	rate	NOUN
ajfa-716	280	22	(	(	PUNCT
ajfa-716	280	23	15.90	15.90	NUM
ajfa-716	280	24	%	%	NOUN
ajfa-716	280	25	)	)	PUNCT
ajfa-716	280	26	during	during	ADP
ajfa-716	280	27	the	the	DET
ajfa-716	280	28	1997	1997	NUM
ajfa-716	280	29	east	east	ADJ
ajfa-716	280	30	asian	asian	ADJ
ajfa-716	280	31	crisis	crisis	NOUN
ajfa-716	280	32	.	.	PUNCT
ajfa-716	281	1	for	for	ADP
ajfa-716	281	2	the	the	DET
ajfa-716	281	3	period	period	NOUN
ajfa-716	281	4	immediately	immediately	ADV
ajfa-716	281	5	before	before	ADV
ajfa-716	281	6	,	,	PUNCT
ajfa-716	281	7	during	during	ADP
ajfa-716	281	8	and	and	CCONJ
ajfa-716	281	9	after	after	ADP
ajfa-716	281	10	the	the	DET
ajfa-716	281	11	1997	1997	NUM
ajfa-716	281	12	financial	financial	ADJ
ajfa-716	281	13	crisis	crisis	NOUN
ajfa-716	281	14	(	(	PUNCT
ajfa-716	281	15	1996	1996	NUM
ajfa-716	281	16	-	-	SYM
ajfa-716	281	17	1998	1998	NUM
ajfa-716	281	18	)	)	PUNCT
ajfa-716	281	19	,	,	PUNCT
ajfa-716	281	20	sri	sri	PROPN
ajfa-716	281	21	lanka	lanka	PROPN
ajfa-716	281	22	’s	’s	PART
ajfa-716	281	23	gdp	gdp	NOUN
ajfa-716	281	24	growth	growth	NOUN
ajfa-716	281	25	rates	rate	NOUN
ajfa-716	281	26	stayed	stay	VERB
ajfa-716	281	27	within	within	ADP
ajfa-716	281	28	14.35	14.35	NUM
ajfa-716	281	29	15.90	15.90	NUM
ajfa-716	281	30	%	%	NOUN
ajfa-716	281	31	.	.	PUNCT
ajfa-716	282	1	although	although	SCONJ
ajfa-716	282	2	its	its	PRON
ajfa-716	282	3	msci	msci	NOUN
ajfa-716	282	4	returns	return	NOUN
ajfa-716	282	5	were	be	AUX
ajfa-716	282	6	high	high	ADJ
ajfa-716	282	7	(	(	PUNCT
ajfa-716	282	8	21.39	21.39	NUM
ajfa-716	282	9	%	%	NOUN
ajfa-716	282	10	)	)	PUNCT
ajfa-716	282	11	in	in	ADP
ajfa-716	282	12	1997	1997	NUM
ajfa-716	282	13	,	,	PUNCT
ajfa-716	282	14	the	the	DET
ajfa-716	282	15	values	value	NOUN
ajfa-716	282	16	were	be	AUX
ajfa-716	282	17	negative	negative	ADJ
ajfa-716	282	18	for	for	ADP
ajfa-716	282	19	the	the	DET
ajfa-716	282	20	years	year	NOUN
ajfa-716	282	21	before	before	ADP
ajfa-716	282	22	(	(	PUNCT
ajfa-716	282	23	-11.26	-11.26	ADJ
ajfa-716	282	24	%	%	NOUN
ajfa-716	282	25	)	)	PUNCT
ajfa-716	282	26	and	and	CCONJ
ajfa-716	282	27	after	after	ADP
ajfa-716	282	28	(	(	PUNCT
ajfa-716	282	29	-19.44	-19.44	NOUN
ajfa-716	282	30	%	%	NOUN
ajfa-716	282	31	)	)	PUNCT
ajfa-716	282	32	,	,	PUNCT
ajfa-716	282	33	as	as	SCONJ
ajfa-716	282	34	presented	present	VERB
ajfa-716	282	35	in	in	ADP
ajfa-716	282	36	table	table	NOUN
ajfa-716	282	37	2a	2a	NUM
ajfa-716	282	38	.	.	PUNCT
ajfa-716	283	1	during	during	ADP
ajfa-716	283	2	the	the	DET
ajfa-716	283	3	2007	2007	NUM
ajfa-716	283	4	global	global	ADJ
ajfa-716	283	5	financial	financial	ADJ
ajfa-716	283	6	crisis	crisis	NOUN
ajfa-716	283	7	,	,	PUNCT
ajfa-716	283	8	sri	sri	PROPN
ajfa-716	283	9	lanka	lanka	PROPN
ajfa-716	283	10	’s	’s	PART
ajfa-716	283	11	msci	msci	PROPN
ajfa-716	283	12	returns	return	NOUN
ajfa-716	283	13	were	be	AUX
ajfa-716	283	14	also	also	ADV
ajfa-716	283	15	high	high	ADJ
ajfa-716	283	16	and	and	CCONJ
ajfa-716	283	17	were	be	AUX
ajfa-716	283	18	ranked	rank	VERB
ajfa-716	283	19	within	within	ADP
ajfa-716	283	20	the	the	DET
ajfa-716	283	21	top	top	ADJ
ajfa-716	283	22	three	three	NUM
ajfa-716	283	23	for	for	ADP
ajfa-716	283	24	the	the	DET
ajfa-716	283	25	years	year	NOUN
ajfa-716	283	26	2006	2006	NUM
ajfa-716	283	27	and	and	CCONJ
ajfa-716	283	28	2009	2009	NUM
ajfa-716	283	29	,	,	PUNCT
ajfa-716	283	30	with	with	ADP
ajfa-716	283	31	returns	return	NOUN
ajfa-716	283	32	of	of	ADP
ajfa-716	283	33	50.26	50.26	NUM
ajfa-716	283	34	%	%	NOUN
ajfa-716	283	35	and	and	CCONJ
ajfa-716	283	36	187.67	187.67	NUM
ajfa-716	283	37	%	%	NOUN
ajfa-716	283	38	in	in	ADP
ajfa-716	283	39	the	the	DET
ajfa-716	283	40	respective	respective	ADJ
ajfa-716	283	41	years	year	NOUN
ajfa-716	283	42	(	(	PUNCT
ajfa-716	283	43	table	table	NOUN
ajfa-716	283	44	3a	3a	NUM
ajfa-716	283	45	)	)	PUNCT
ajfa-716	283	46	.	.	PUNCT
ajfa-716	284	1	however	however	ADV
ajfa-716	284	2	,	,	PUNCT
ajfa-716	284	3	in	in	ADP
ajfa-716	284	4	2007	2007	NUM
ajfa-716	284	5	and	and	CCONJ
ajfa-716	284	6	2008	2008	NUM
ajfa-716	284	7	,	,	PUNCT
ajfa-716	284	8	with	with	ADP
ajfa-716	284	9	its	its	PRON
ajfa-716	284	10	negative	negative	ADJ
ajfa-716	284	11	msci	msci	PROPN
ajfa-716	284	12	returns	return	NOUN
ajfa-716	284	13	of	of	ADP
ajfa-716	284	14	-14.20	-14.20	PROPN
ajfa-716	284	15	%	%	NOUN
ajfa-716	284	16	and	and	CCONJ
ajfa-716	284	17	-60.58	-60.58	PUNCT
ajfa-716	284	18	%	%	NOUN
ajfa-716	284	19	,	,	PUNCT
ajfa-716	284	20	respectively	respectively	ADV
ajfa-716	284	21	,	,	PUNCT
ajfa-716	284	22	sri	sri	PROPN
ajfa-716	284	23	lanka	lanka	PROPN
ajfa-716	284	24	was	be	AUX
ajfa-716	284	25	ranked	rank	VERB
ajfa-716	284	26	as	as	ADP
ajfa-716	284	27	second	second	ADJ
ajfa-716	284	28	from	from	ADP
ajfa-716	284	29	the	the	DET
ajfa-716	284	30	bottom	bottom	NOUN
ajfa-716	284	31	.	.	PUNCT
ajfa-716	285	1	this	this	PRON
ajfa-716	285	2	shows	show	VERB
ajfa-716	285	3	that	that	SCONJ
ajfa-716	285	4	sri	sri	PROPN
ajfa-716	285	5	lanka	lanka	PROPN
ajfa-716	285	6	,	,	PUNCT
ajfa-716	285	7	as	as	ADV
ajfa-716	285	8	well	well	ADV
ajfa-716	285	9	as	as	ADP
ajfa-716	285	10	most	most	ADJ
ajfa-716	285	11	other	other	ADJ
ajfa-716	285	12	open	open	ADJ
ajfa-716	285	13	economies	economy	NOUN
ajfa-716	285	14	in	in	ADP
ajfa-716	285	15	the	the	DET
ajfa-716	285	16	world	world	NOUN
ajfa-716	285	17	,	,	PUNCT
ajfa-716	285	18	were	be	AUX
ajfa-716	285	19	adversely	adversely	ADV
ajfa-716	285	20	affected	affect	VERB
ajfa-716	285	21	by	by	ADP
ajfa-716	285	22	the	the	DET
ajfa-716	285	23	2007	2007	NUM
ajfa-716	285	24	global	global	ADJ
ajfa-716	285	25	financial	financial	ADJ
ajfa-716	285	26	crisis	crisis	NOUN
ajfa-716	285	27	,	,	PUNCT
ajfa-716	285	28	but	but	CCONJ
ajfa-716	285	29	the	the	DET
ajfa-716	285	30	data	datum	NOUN
ajfa-716	285	31	shows	show	VERB
ajfa-716	285	32	the	the	DET
ajfa-716	285	33	stock	stock	NOUN
ajfa-716	285	34	market	market	NOUN
ajfa-716	285	35	was	be	AUX
ajfa-716	285	36	able	able	ADJ
ajfa-716	285	37	to	to	PART
ajfa-716	285	38	recover	recover	VERB
ajfa-716	285	39	itself	itself	PRON
ajfa-716	285	40	by	by	ADP
ajfa-716	285	41	2009	2009	NUM
ajfa-716	285	42	.	.	PUNCT
ajfa-716	286	1	although	although	SCONJ
ajfa-716	286	2	the	the	DET
ajfa-716	286	3	drop	drop	NOUN
ajfa-716	286	4	in	in	ADP
ajfa-716	286	5	sri	sri	PROPN
ajfa-716	286	6	lanka	lanka	PROPN
ajfa-716	286	7	’s	’s	PART
ajfa-716	286	8	gdp	gdp	PROPN
ajfa-716	286	9	growth	growth	NOUN
ajfa-716	286	10	from	from	ADP
ajfa-716	286	11	23.25	23.25	NUM
ajfa-716	286	12	%	%	NOUN
ajfa-716	286	13	(	(	PUNCT
ajfa-716	286	14	2008	2008	NUM
ajfa-716	286	15	)	)	PUNCT
ajfa-716	286	16	to	to	ADP
ajfa-716	286	17	9.40	9.40	NUM
ajfa-716	286	18	%	%	NOUN
ajfa-716	286	19	(	(	PUNCT
ajfa-716	286	20	2009	2009	NUM
ajfa-716	286	21	)	)	PUNCT
ajfa-716	286	22	may	may	AUX
ajfa-716	286	23	have	have	AUX
ajfa-716	286	24	resulted	result	VERB
ajfa-716	286	25	from	from	ADP
ajfa-716	286	26	the	the	DET
ajfa-716	286	27	global	global	ADJ
ajfa-716	286	28	financial	financial	ADJ
ajfa-716	286	29	crisis	crisis	NOUN
ajfa-716	286	30	,	,	PUNCT
ajfa-716	286	31	the	the	DET
ajfa-716	286	32	country	country	NOUN
ajfa-716	286	33	maintained	maintain	VERB
ajfa-716	286	34	its	its	PRON
ajfa-716	286	35	rank	rank	NOUN
ajfa-716	286	36	in	in	ADP
ajfa-716	286	37	the	the	DET
ajfa-716	286	38	top	top	ADJ
ajfa-716	286	39	three	three	NUM
ajfa-716	286	40	for	for	ADP
ajfa-716	286	41	the	the	DET
ajfa-716	286	42	gdp	gdp	NOUN
ajfa-716	286	43	growth	growth	NOUN
ajfa-716	286	44	in	in	ADP
ajfa-716	286	45	the	the	DET
ajfa-716	286	46	years	year	NOUN
ajfa-716	286	47	2006	2006	NUM
ajfa-716	286	48	-	-	SYM
ajfa-716	286	49	2008	2008	NUM
ajfa-716	286	50	(	(	PUNCT
ajfa-716	286	51	table	table	NOUN
ajfa-716	286	52	3b	3b	NUM
ajfa-716	286	53	)	)	PUNCT
ajfa-716	286	54	.	.	PUNCT
ajfa-716	287	1	graph	graph	NOUN
ajfa-716	287	2	3	3	NUM
ajfa-716	287	3	.	.	PUNCT
ajfa-716	287	4	sri	sri	PROPN
ajfa-716	287	5	lanka	lanka	PROPN
ajfa-716	287	6	’s	’s	PART
ajfa-716	287	7	gdp	gdp	PROPN
ajfa-716	287	8	growth	growth	NOUN
ajfa-716	287	9	and	and	CCONJ
ajfa-716	287	10	msci	msci	PROPN
ajfa-716	287	11	returns	return	NOUN
ajfa-716	287	12	(	(	PUNCT
ajfa-716	287	13	1993	1993	NUM
ajfa-716	287	14	-	-	SYM
ajfa-716	287	15	2009	2009	NUM
ajfa-716	287	16	)	)	PUNCT
ajfa-716	287	17	asian	asian	ADJ
ajfa-716	287	18	journal	journal	NOUN
ajfa-716	287	19	of	of	ADP
ajfa-716	287	20	finance	finance	PROPN
ajfa-716	287	21	&	&	CCONJ
ajfa-716	287	22	accounting	accounting	PROPN
ajfa-716	287	23	issn	issn	PROPN
ajfa-716	287	24	1946	1946	NUM
ajfa-716	287	25	-	-	PUNCT
ajfa-716	287	26	052x	052x	NOUN
ajfa-716	287	27	2011	2011	NUM
ajfa-716	287	28	,	,	PUNCT
ajfa-716	287	29	vol	vol	NOUN
ajfa-716	287	30	.	.	PROPN
ajfa-716	287	31	3	3	NUM
ajfa-716	287	32	,	,	PUNCT
ajfa-716	287	33	no	no	INTJ
ajfa-716	287	34	.	.	NOUN
ajfa-716	287	35	1	1	NUM
ajfa-716	287	36	:	:	PUNCT
ajfa-716	287	37	e7	e7	PROPN
ajfa-716	287	38	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	287	39	122	122	NUM
ajfa-716	287	40	during	during	ADP
ajfa-716	287	41	the	the	DET
ajfa-716	287	42	entire	entire	ADJ
ajfa-716	287	43	sample	sample	NOUN
ajfa-716	287	44	period	period	NOUN
ajfa-716	287	45	1993	1993	NUM
ajfa-716	287	46	-	-	SYM
ajfa-716	287	47	2009	2009	NUM
ajfa-716	287	48	,	,	PUNCT
ajfa-716	287	49	sri	sri	PROPN
ajfa-716	287	50	lanka	lanka	PROPN
ajfa-716	287	51	was	be	AUX
ajfa-716	287	52	,	,	PUNCT
ajfa-716	287	53	on	on	ADP
ajfa-716	287	54	average	average	ADJ
ajfa-716	287	55	,	,	PUNCT
ajfa-716	287	56	ranked	rank	VERB
ajfa-716	287	57	among	among	ADP
ajfa-716	287	58	the	the	DET
ajfa-716	287	59	top	top	ADJ
ajfa-716	287	60	three	three	NUM
ajfa-716	287	61	on	on	ADP
ajfa-716	287	62	both	both	PRON
ajfa-716	287	63	msci	msci	PROPN
ajfa-716	287	64	returns	return	NOUN
ajfa-716	287	65	and	and	CCONJ
ajfa-716	287	66	gdp	gdp	NOUN
ajfa-716	287	67	growth	growth	NOUN
ajfa-716	287	68	.	.	PUNCT
ajfa-716	288	1	furthermore	furthermore	ADV
ajfa-716	288	2	,	,	PUNCT
ajfa-716	288	3	the	the	DET
ajfa-716	288	4	country	country	NOUN
ajfa-716	288	5	sustained	sustain	VERB
ajfa-716	288	6	double	double	ADJ
ajfa-716	288	7	-	-	PUNCT
ajfa-716	288	8	digit	digit	NOUN
ajfa-716	288	9	gdp	gdp	NOUN
ajfa-716	288	10	growth	growth	NOUN
ajfa-716	288	11	rates	rate	NOUN
ajfa-716	288	12	except	except	SCONJ
ajfa-716	288	13	for	for	ADP
ajfa-716	288	14	the	the	DET
ajfa-716	288	15	years	year	NOUN
ajfa-716	288	16	1999	1999	NUM
ajfa-716	288	17	and	and	CCONJ
ajfa-716	288	18	2009	2009	NUM
ajfa-716	288	19	.	.	PUNCT
ajfa-716	289	1	the	the	DET
ajfa-716	289	2	country	country	NOUN
ajfa-716	289	3	’s	’s	PART
ajfa-716	289	4	msci	msci	PROPN
ajfa-716	289	5	returns	return	NOUN
ajfa-716	289	6	were	be	AUX
ajfa-716	289	7	highly	highly	ADV
ajfa-716	289	8	variable	variable	ADJ
ajfa-716	289	9	throughout	throughout	ADP
ajfa-716	289	10	the	the	DET
ajfa-716	289	11	sample	sample	NOUN
ajfa-716	289	12	years	year	NOUN
ajfa-716	289	13	,	,	PUNCT
ajfa-716	289	14	with	with	ADP
ajfa-716	289	15	-60.58	-60.58	NOUN
ajfa-716	289	16	%	%	NOUN
ajfa-716	289	17	in	in	ADP
ajfa-716	289	18	2008	2008	NUM
ajfa-716	289	19	and	and	CCONJ
ajfa-716	289	20	187.67	187.67	NUM
ajfa-716	289	21	%	%	NOUN
ajfa-716	289	22	in	in	ADP
ajfa-716	289	23	2009	2009	NUM
ajfa-716	289	24	(	(	PUNCT
ajfa-716	289	25	graph	graph	NOUN
ajfa-716	289	26	3	3	NUM
ajfa-716	289	27	)	)	PUNCT
ajfa-716	289	28	.	.	PUNCT
ajfa-716	290	1	concurrent	concurrent	ADJ
ajfa-716	290	2	to	to	ADP
ajfa-716	290	3	this	this	PRON
ajfa-716	290	4	,	,	PUNCT
ajfa-716	290	5	undp	undp	PROPN
ajfa-716	290	6	(	(	PUNCT
ajfa-716	290	7	2011	2011	NUM
ajfa-716	290	8	)	)	PUNCT
ajfa-716	290	9	data	datum	NOUN
ajfa-716	290	10	on	on	ADP
ajfa-716	290	11	hdi	hdi	PROPN
ajfa-716	290	12	shows	show	VERB
ajfa-716	290	13	continuous	continuous	ADJ
ajfa-716	290	14	improvements	improvement	NOUN
ajfa-716	290	15	in	in	ADP
ajfa-716	290	16	the	the	DET
ajfa-716	290	17	health	health	NOUN
ajfa-716	290	18	,	,	PUNCT
ajfa-716	290	19	safety	safety	NOUN
ajfa-716	290	20	,	,	PUNCT
ajfa-716	290	21	nutrition	nutrition	NOUN
ajfa-716	290	22	and	and	CCONJ
ajfa-716	290	23	education	education	NOUN
ajfa-716	290	24	of	of	ADP
ajfa-716	290	25	its	its	PRON
ajfa-716	290	26	people	people	NOUN
ajfa-716	290	27	suggesting	suggest	VERB
ajfa-716	290	28	sri	sri	PROPN
ajfa-716	290	29	lanka	lanka	PROPN
ajfa-716	290	30	’s	’s	PART
ajfa-716	290	31	commitment	commitment	NOUN
ajfa-716	290	32	in	in	ADP
ajfa-716	290	33	social	social	ADJ
ajfa-716	290	34	welfare	welfare	NOUN
ajfa-716	290	35	.	.	PUNCT
ajfa-716	291	1	among	among	ADP
ajfa-716	291	2	the	the	DET
ajfa-716	291	3	financial	financial	ADJ
ajfa-716	291	4	indicators	indicator	NOUN
ajfa-716	291	5	in	in	ADP
ajfa-716	291	6	2009	2009	NUM
ajfa-716	291	7	,	,	PUNCT
ajfa-716	291	8	sri	sri	PROPN
ajfa-716	291	9	lanka	lanka	PROPN
ajfa-716	291	10	occupied	occupy	VERB
ajfa-716	291	11	top	top	ADJ
ajfa-716	291	12	rank	rank	NOUN
ajfa-716	291	13	on	on	ADP
ajfa-716	291	14	msci	msci	PROPN
ajfa-716	291	15	returns	return	NOUN
ajfa-716	291	16	.	.	PUNCT
ajfa-716	292	1	it	it	PRON
ajfa-716	292	2	is	be	AUX
ajfa-716	292	3	worthwhile	worthwhile	ADJ
ajfa-716	292	4	to	to	PART
ajfa-716	292	5	note	note	VERB
ajfa-716	292	6	however	however	ADV
ajfa-716	292	7	,	,	PUNCT
ajfa-716	292	8	there	there	PRON
ajfa-716	292	9	were	be	VERB
ajfa-716	292	10	varying	vary	VERB
ajfa-716	292	11	numbers	number	NOUN
ajfa-716	292	12	of	of	ADP
ajfa-716	292	13	companies	company	NOUN
ajfa-716	292	14	included	include	VERB
ajfa-716	292	15	each	each	DET
ajfa-716	292	16	year	year	NOUN
ajfa-716	292	17	for	for	ADP
ajfa-716	292	18	msci	msci	PROPN
ajfa-716	292	19	calculations	calculation	NOUN
ajfa-716	292	20	.	.	PUNCT
ajfa-716	293	1	according	accord	VERB
ajfa-716	293	2	to	to	ADP
ajfa-716	293	3	the	the	DET
ajfa-716	293	4	cse	cse	NOUN
ajfa-716	293	5	data	datum	NOUN
ajfa-716	293	6	,	,	PUNCT
ajfa-716	293	7	231	231	NUM
ajfa-716	293	8	companies	company	NOUN
ajfa-716	293	9	with	with	ADP
ajfa-716	293	10	a	a	DET
ajfa-716	293	11	total	total	ADJ
ajfa-716	293	12	market	market	NOUN
ajfa-716	293	13	capitalization	capitalization	NOUN
ajfa-716	293	14	of	of	ADP
ajfa-716	293	15	slrs	slrs	ADJ
ajfa-716	293	16	1,092.1	1,092.1	NUM
ajfa-716	293	17	billion	billion	NUM
ajfa-716	293	18	(	(	PUNCT
ajfa-716	293	19	equivalent	equivalent	ADJ
ajfa-716	293	20	to	to	ADP
ajfa-716	293	21	us$	us$	SYM
ajfa-716	293	22	958	958	NUM
ajfa-716	293	23	million	million	NUM
ajfa-716	293	24	at	at	ADP
ajfa-716	293	25	1	1	NUM
ajfa-716	293	26	us$	us$	NOUN
ajfa-716	293	27	=	=	PRON
ajfa-716	293	28	slr	slr	VERB
ajfa-716	293	29	114	114	NUM
ajfa-716	293	30	)	)	PUNCT
ajfa-716	293	31	were	be	AUX
ajfa-716	293	32	listed	list	VERB
ajfa-716	293	33	on	on	ADP
ajfa-716	293	34	the	the	DET
ajfa-716	293	35	cse	cse	NOUN
ajfa-716	293	36	as	as	ADP
ajfa-716	293	37	of	of	ADP
ajfa-716	293	38	31st	31st	NOUN
ajfa-716	293	39	december	december	PROPN
ajfa-716	293	40	2009	2009	NUM
ajfa-716	293	41	.	.	PUNCT
ajfa-716	294	1	the	the	DET
ajfa-716	294	2	number	number	NOUN
ajfa-716	294	3	of	of	ADP
ajfa-716	294	4	companies	company	NOUN
ajfa-716	294	5	included	include	VERB
ajfa-716	294	6	in	in	ADP
ajfa-716	294	7	the	the	DET
ajfa-716	294	8	msci	msci	PROPN
ajfa-716	294	9	for	for	ADP
ajfa-716	294	10	2009	2009	NUM
ajfa-716	294	11	was	be	AUX
ajfa-716	294	12	only	only	ADV
ajfa-716	294	13	three	three	NUM
ajfa-716	294	14	.	.	PUNCT
ajfa-716	295	1	however	however	ADV
ajfa-716	295	2	,	,	PUNCT
ajfa-716	295	3	those	those	DET
ajfa-716	295	4	few	few	ADJ
ajfa-716	295	5	companies	company	NOUN
ajfa-716	295	6	had	have	VERB
ajfa-716	295	7	an	an	DET
ajfa-716	295	8	immense	immense	ADJ
ajfa-716	295	9	influence	influence	NOUN
ajfa-716	295	10	on	on	ADP
ajfa-716	295	11	the	the	DET
ajfa-716	295	12	stock	stock	NOUN
ajfa-716	295	13	market	market	NOUN
ajfa-716	295	14	in	in	ADP
ajfa-716	295	15	sri	sri	PROPN
ajfa-716	295	16	lanka	lanka	PROPN
ajfa-716	295	17	by	by	ADP
ajfa-716	295	18	claiming	claim	VERB
ajfa-716	295	19	over	over	ADP
ajfa-716	295	20	80	80	NUM
ajfa-716	295	21	%	%	NOUN
ajfa-716	295	22	of	of	ADP
ajfa-716	295	23	the	the	DET
ajfa-716	295	24	total	total	ADJ
ajfa-716	295	25	market	market	NOUN
ajfa-716	295	26	capitalization	capitalization	NOUN
ajfa-716	295	27	(	(	PUNCT
ajfa-716	295	28	us$	us$	SYM
ajfa-716	295	29	767	767	NUM
ajfa-716	295	30	million	million	NUM
ajfa-716	295	31	)	)	PUNCT
ajfa-716	295	32	(	(	PUNCT
ajfa-716	295	33	msci	msci	PROPN
ajfa-716	295	34	barra	barra	PROPN
ajfa-716	295	35	)	)	PUNCT
ajfa-716	295	36	.	.	PUNCT
ajfa-716	296	1	it	it	PRON
ajfa-716	296	2	is	be	AUX
ajfa-716	296	3	also	also	ADV
ajfa-716	296	4	interesting	interesting	ADJ
ajfa-716	296	5	to	to	PART
ajfa-716	296	6	note	note	VERB
ajfa-716	296	7	that	that	SCONJ
ajfa-716	296	8	there	there	PRON
ajfa-716	296	9	were	be	VERB
ajfa-716	296	10	no	no	DET
ajfa-716	296	11	significant	significant	ADJ
ajfa-716	296	12	correlations	correlation	NOUN
ajfa-716	296	13	between	between	ADP
ajfa-716	296	14	msci	msci	PROPN
ajfa-716	296	15	returns	return	NOUN
ajfa-716	296	16	and	and	CCONJ
ajfa-716	296	17	hdi	hdi	PROPN
ajfa-716	296	18	(	(	PUNCT
ajfa-716	296	19	table	table	NOUN
ajfa-716	296	20	5	5	NUM
ajfa-716	296	21	)	)	PUNCT
ajfa-716	296	22	in	in	ADP
ajfa-716	296	23	sri	sri	PROPN
ajfa-716	296	24	lanka	lanka	PROPN
ajfa-716	296	25	.	.	PUNCT
ajfa-716	297	1	as	as	ADP
ajfa-716	297	2	a	a	DET
ajfa-716	297	3	possible	possible	ADJ
ajfa-716	297	4	future	future	ADJ
ajfa-716	297	5	study	study	NOUN
ajfa-716	297	6	it	it	PRON
ajfa-716	297	7	may	may	AUX
ajfa-716	297	8	be	be	AUX
ajfa-716	297	9	worthwhile	worthwhile	ADJ
ajfa-716	297	10	investigating	investigate	VERB
ajfa-716	297	11	the	the	DET
ajfa-716	297	12	relationship	relationship	NOUN
ajfa-716	297	13	between	between	ADP
ajfa-716	297	14	the	the	DET
ajfa-716	297	15	local	local	ADJ
ajfa-716	297	16	market	market	NOUN
ajfa-716	297	17	index	index	NOUN
ajfa-716	297	18	and	and	CCONJ
ajfa-716	297	19	the	the	DET
ajfa-716	297	20	hdi	hdi	PROPN
ajfa-716	297	21	.	.	PROPN
ajfa-716	298	1	6	6	NUM
ajfa-716	298	2	.	.	X
ajfa-716	298	3	conclusion	conclusion	VERB
ajfa-716	298	4	the	the	DET
ajfa-716	298	5	purpose	purpose	NOUN
ajfa-716	298	6	of	of	ADP
ajfa-716	298	7	this	this	DET
ajfa-716	298	8	study	study	NOUN
ajfa-716	298	9	was	be	AUX
ajfa-716	298	10	to	to	PART
ajfa-716	298	11	investigate	investigate	VERB
ajfa-716	298	12	the	the	DET
ajfa-716	298	13	movements	movement	NOUN
ajfa-716	298	14	among	among	ADP
ajfa-716	298	15	economic	economic	ADJ
ajfa-716	298	16	,	,	PUNCT
ajfa-716	298	17	financial	financial	ADJ
ajfa-716	298	18	and	and	CCONJ
ajfa-716	298	19	socio	socio	NOUN
ajfa-716	298	20	-	-	PUNCT
ajfa-716	298	21	economic	economic	ADJ
ajfa-716	298	22	indicators	indicator	NOUN
ajfa-716	298	23	,	,	PUNCT
ajfa-716	298	24	and	and	CCONJ
ajfa-716	298	25	also	also	ADV
ajfa-716	298	26	to	to	PART
ajfa-716	298	27	see	see	VERB
ajfa-716	298	28	whether	whether	SCONJ
ajfa-716	298	29	msci	msci	PROPN
ajfa-716	298	30	returns	return	NOUN
ajfa-716	298	31	,	,	PUNCT
ajfa-716	298	32	gdp	gdp	NOUN
ajfa-716	298	33	growth	growth	NOUN
ajfa-716	298	34	,	,	PUNCT
ajfa-716	298	35	and	and	CCONJ
ajfa-716	298	36	hdi	hdi	PROPN
ajfa-716	298	37	were	be	AUX
ajfa-716	298	38	positively	positively	ADV
ajfa-716	298	39	correlated	correlate	VERB
ajfa-716	298	40	.	.	PUNCT
ajfa-716	299	1	the	the	DET
ajfa-716	299	2	results	result	NOUN
ajfa-716	299	3	show	show	VERB
ajfa-716	299	4	that	that	SCONJ
ajfa-716	299	5	msci	msci	PROPN
ajfa-716	299	6	returns	return	NOUN
ajfa-716	299	7	and	and	CCONJ
ajfa-716	299	8	gdp	gdp	NOUN
ajfa-716	299	9	growth	growth	NOUN
ajfa-716	299	10	rates	rate	NOUN
ajfa-716	299	11	were	be	AUX
ajfa-716	299	12	positively	positively	ADV
ajfa-716	299	13	associated	associate	VERB
ajfa-716	299	14	with	with	ADP
ajfa-716	299	15	each	each	DET
ajfa-716	299	16	other	other	ADJ
ajfa-716	299	17	in	in	ADP
ajfa-716	299	18	developed	develop	VERB
ajfa-716	299	19	and	and	CCONJ
ajfa-716	299	20	emerging	emerge	VERB
ajfa-716	299	21	economies	economy	NOUN
ajfa-716	299	22	at	at	ADP
ajfa-716	299	23	the	the	DET
ajfa-716	299	24	expense	expense	NOUN
ajfa-716	299	25	of	of	ADP
ajfa-716	299	26	social	social	ADJ
ajfa-716	299	27	welfare	welfare	NOUN
ajfa-716	299	28	.	.	PUNCT
ajfa-716	300	1	however	however	ADV
ajfa-716	300	2	,	,	PUNCT
ajfa-716	300	3	some	some	DET
ajfa-716	300	4	frontier	frontier	NOUN
ajfa-716	300	5	economies	economy	NOUN
ajfa-716	300	6	had	have	AUX
ajfa-716	300	7	been	be	AUX
ajfa-716	300	8	able	able	ADJ
ajfa-716	300	9	to	to	PART
ajfa-716	300	10	maintain	maintain	VERB
ajfa-716	300	11	a	a	DET
ajfa-716	300	12	balance	balance	NOUN
ajfa-716	300	13	between	between	ADP
ajfa-716	300	14	economic	economic	ADJ
ajfa-716	300	15	and	and	CCONJ
ajfa-716	300	16	social	social	ADJ
ajfa-716	300	17	performance	performance	NOUN
ajfa-716	300	18	.	.	PUNCT
ajfa-716	301	1	the	the	DET
ajfa-716	301	2	results	result	NOUN
ajfa-716	301	3	also	also	ADV
ajfa-716	301	4	show	show	VERB
ajfa-716	301	5	that	that	SCONJ
ajfa-716	301	6	while	while	SCONJ
ajfa-716	301	7	most	most	ADJ
ajfa-716	301	8	of	of	ADP
ajfa-716	301	9	the	the	DET
ajfa-716	301	10	developing	develop	VERB
ajfa-716	301	11	countries	country	NOUN
ajfa-716	301	12	in	in	ADP
ajfa-716	301	13	the	the	DET
ajfa-716	301	14	asia	asia	PROPN
ajfa-716	301	15	-	-	PUNCT
ajfa-716	301	16	pacific	pacific	PROPN
ajfa-716	301	17	region	region	NOUN
ajfa-716	301	18	such	such	ADJ
ajfa-716	301	19	as	as	ADP
ajfa-716	301	20	india	india	PROPN
ajfa-716	301	21	,	,	PUNCT
ajfa-716	301	22	indonesia	indonesia	PROPN
ajfa-716	301	23	and	and	CCONJ
ajfa-716	301	24	sri	sri	PROPN
ajfa-716	301	25	lanka	lanka	PROPN
ajfa-716	301	26	consistently	consistently	ADV
ajfa-716	301	27	scored	score	VERB
ajfa-716	301	28	high	high	ADV
ajfa-716	301	29	on	on	ADP
ajfa-716	301	30	financial	financial	ADJ
ajfa-716	301	31	and	and	CCONJ
ajfa-716	301	32	economic	economic	ADJ
ajfa-716	301	33	indicators	indicator	NOUN
ajfa-716	301	34	.	.	PUNCT
ajfa-716	302	1	in	in	ADP
ajfa-716	302	2	contrary	contrary	ADV
ajfa-716	302	3	to	to	ADP
ajfa-716	302	4	this	this	PRON
ajfa-716	302	5	,	,	PUNCT
ajfa-716	302	6	japan	japan	PROPN
ajfa-716	302	7	,	,	PUNCT
ajfa-716	302	8	an	an	DET
ajfa-716	302	9	industrialized	industrialized	ADJ
ajfa-716	302	10	economy	economy	NOUN
ajfa-716	302	11	,	,	PUNCT
ajfa-716	302	12	ranked	rank	VERB
ajfa-716	302	13	one	one	NUM
ajfa-716	302	14	of	of	ADP
ajfa-716	302	15	the	the	DET
ajfa-716	302	16	lowest	low	ADJ
ajfa-716	302	17	on	on	ADP
ajfa-716	302	18	financial	financial	ADJ
ajfa-716	302	19	and	and	CCONJ
ajfa-716	302	20	economic	economic	ADJ
ajfa-716	302	21	variables	variable	NOUN
ajfa-716	302	22	,	,	PUNCT
ajfa-716	302	23	while	while	SCONJ
ajfa-716	302	24	scoring	score	VERB
ajfa-716	302	25	high	high	ADJ
ajfa-716	302	26	on	on	ADP
ajfa-716	302	27	hdi	hdi	PROPN
ajfa-716	302	28	.	.	PUNCT
ajfa-716	303	1	there	there	PRON
ajfa-716	303	2	were	be	VERB
ajfa-716	303	3	similar	similar	ADJ
ajfa-716	303	4	rankings	ranking	NOUN
ajfa-716	303	5	for	for	ADP
ajfa-716	303	6	certain	certain	ADJ
ajfa-716	303	7	countries	country	NOUN
ajfa-716	303	8	in	in	ADP
ajfa-716	303	9	particular	particular	ADJ
ajfa-716	303	10	years	year	NOUN
ajfa-716	303	11	,	,	PUNCT
ajfa-716	303	12	but	but	CCONJ
ajfa-716	303	13	the	the	DET
ajfa-716	303	14	financial	financial	ADJ
ajfa-716	303	15	and	and	CCONJ
ajfa-716	303	16	economic	economic	ADJ
ajfa-716	303	17	variables	variable	NOUN
ajfa-716	303	18	did	do	AUX
ajfa-716	303	19	not	not	PART
ajfa-716	303	20	always	always	ADV
ajfa-716	303	21	provide	provide	VERB
ajfa-716	303	22	consistent	consistent	ADJ
ajfa-716	303	23	rankings	ranking	NOUN
ajfa-716	303	24	.	.	PUNCT
ajfa-716	304	1	the	the	DET
ajfa-716	304	2	results	result	NOUN
ajfa-716	304	3	also	also	ADV
ajfa-716	304	4	show	show	VERB
ajfa-716	304	5	that	that	SCONJ
ajfa-716	304	6	while	while	SCONJ
ajfa-716	304	7	most	most	ADJ
ajfa-716	304	8	of	of	ADP
ajfa-716	304	9	the	the	DET
ajfa-716	304	10	developing	develop	VERB
ajfa-716	304	11	countries	country	NOUN
ajfa-716	304	12	in	in	ADP
ajfa-716	304	13	the	the	DET
ajfa-716	304	14	region	region	NOUN
ajfa-716	304	15	have	have	AUX
ajfa-716	304	16	experienced	experience	VERB
ajfa-716	304	17	rapid	rapid	ADJ
ajfa-716	304	18	growth	growth	NOUN
ajfa-716	304	19	in	in	ADP
ajfa-716	304	20	total	total	ADJ
ajfa-716	304	21	output	output	NOUN
ajfa-716	304	22	,	,	PUNCT
ajfa-716	304	23	per	per	ADP
ajfa-716	304	24	capita	capita	NOUN
ajfa-716	304	25	incomes	income	NOUN
ajfa-716	304	26	and	and	CCONJ
ajfa-716	304	27	capital	capital	NOUN
ajfa-716	304	28	markets	market	NOUN
ajfa-716	304	29	,	,	PUNCT
ajfa-716	304	30	they	they	PRON
ajfa-716	304	31	may	may	AUX
ajfa-716	304	32	need	need	VERB
ajfa-716	304	33	to	to	PART
ajfa-716	304	34	make	make	VERB
ajfa-716	304	35	further	further	ADJ
ajfa-716	304	36	improvements	improvement	NOUN
ajfa-716	304	37	in	in	ADP
ajfa-716	304	38	hdi	hdi	PROPN
ajfa-716	304	39	by	by	ADP
ajfa-716	304	40	enhancing	enhance	VERB
ajfa-716	304	41	the	the	DET
ajfa-716	304	42	following	follow	VERB
ajfa-716	304	43	aspects	aspect	NOUN
ajfa-716	304	44	:	:	PUNCT
ajfa-716	304	45	social	social	ADJ
ajfa-716	304	46	welfare	welfare	NOUN
ajfa-716	304	47	,	,	PUNCT
ajfa-716	304	48	income	income	NOUN
ajfa-716	304	49	equality	equality	NOUN
ajfa-716	304	50	,	,	PUNCT
ajfa-716	304	51	employment	employment	NOUN
ajfa-716	304	52	rates	rate	NOUN
ajfa-716	304	53	,	,	PUNCT
ajfa-716	304	54	human	human	ADJ
ajfa-716	304	55	capital	capital	NOUN
ajfa-716	304	56	,	,	PUNCT
ajfa-716	304	57	economic	economic	ADJ
ajfa-716	304	58	freedom	freedom	NOUN
ajfa-716	304	59	,	,	PUNCT
ajfa-716	304	60	transparency	transparency	NOUN
ajfa-716	304	61	and	and	CCONJ
ajfa-716	304	62	good	good	ADJ
ajfa-716	304	63	governance	governance	NOUN
ajfa-716	304	64	.	.	PUNCT
ajfa-716	305	1	more	more	ADV
ajfa-716	305	2	advanced	advanced	ADJ
ajfa-716	305	3	statistical	statistical	ADJ
ajfa-716	305	4	models	model	NOUN
ajfa-716	305	5	and	and	CCONJ
ajfa-716	305	6	methods	method	NOUN
ajfa-716	305	7	for	for	ADP
ajfa-716	305	8	testing	testing	NOUN
ajfa-716	305	9	hypotheses	hypothesis	NOUN
ajfa-716	305	10	are	be	AUX
ajfa-716	305	11	necessary	necessary	ADJ
ajfa-716	305	12	in	in	ADP
ajfa-716	305	13	order	order	NOUN
ajfa-716	305	14	to	to	PART
ajfa-716	305	15	obtain	obtain	VERB
ajfa-716	305	16	stronger	strong	ADJ
ajfa-716	305	17	results	result	NOUN
ajfa-716	305	18	which	which	PRON
ajfa-716	305	19	can	can	AUX
ajfa-716	305	20	be	be	AUX
ajfa-716	305	21	done	do	VERB
ajfa-716	305	22	in	in	ADP
ajfa-716	305	23	subsequent	subsequent	ADJ
ajfa-716	305	24	studies	study	NOUN
ajfa-716	305	25	.	.	PUNCT
ajfa-716	306	1	there	there	PRON
ajfa-716	306	2	is	be	VERB
ajfa-716	306	3	a	a	DET
ajfa-716	306	4	need	need	NOUN
ajfa-716	306	5	to	to	PART
ajfa-716	306	6	carry	carry	VERB
ajfa-716	306	7	out	out	ADP
ajfa-716	306	8	more	more	ADJ
ajfa-716	306	9	research	research	NOUN
ajfa-716	306	10	in	in	ADP
ajfa-716	306	11	the	the	DET
ajfa-716	306	12	fields	field	NOUN
ajfa-716	306	13	of	of	ADP
ajfa-716	306	14	economics	economic	NOUN
ajfa-716	306	15	,	,	PUNCT
ajfa-716	306	16	finance	finance	NOUN
ajfa-716	306	17	and	and	CCONJ
ajfa-716	306	18	social	social	ADJ
ajfa-716	306	19	policy	policy	NOUN
ajfa-716	306	20	issues	issue	NOUN
ajfa-716	306	21	.	.	PUNCT
ajfa-716	307	1	references	reference	NOUN
ajfa-716	307	2	albuquerque	albuquerque	PROPN
ajfa-716	307	3	,	,	PUNCT
ajfa-716	307	4	r.	r.	PROPN
ajfa-716	307	5	and	and	CCONJ
ajfa-716	307	6	vega	vega	PROPN
ajfa-716	307	7	,	,	PUNCT
ajfa-716	307	8	c.	c.	PROPN
ajfa-716	307	9	(	(	PUNCT
ajfa-716	307	10	2009	2009	NUM
ajfa-716	307	11	)	)	PUNCT
ajfa-716	307	12	.	.	PUNCT
ajfa-716	308	1	economic	economic	ADJ
ajfa-716	308	2	news	news	PROPN
ajfa-716	308	3	and	and	CCONJ
ajfa-716	308	4	international	international	ADJ
ajfa-716	308	5	stock	stock	NOUN
ajfa-716	308	6	market	market	NOUN
ajfa-716	308	7	asian	asian	ADJ
ajfa-716	308	8	journal	journal	NOUN
ajfa-716	308	9	of	of	ADP
ajfa-716	308	10	finance	finance	PROPN
ajfa-716	308	11	&	&	CCONJ
ajfa-716	308	12	accounting	accounting	PROPN
ajfa-716	308	13	issn	issn	PROPN
ajfa-716	308	14	1946	1946	NUM
ajfa-716	308	15	-	-	PUNCT
ajfa-716	308	16	052x	052x	NOUN
ajfa-716	308	17	2011	2011	NUM
ajfa-716	308	18	,	,	PUNCT
ajfa-716	308	19	vol	vol	NOUN
ajfa-716	308	20	.	.	PROPN
ajfa-716	309	1	3	3	NUM
ajfa-716	309	2	,	,	PUNCT
ajfa-716	309	3	no	no	INTJ
ajfa-716	309	4	.	.	NOUN
ajfa-716	309	5	1	1	NUM
ajfa-716	310	1	:	:	PUNCT
ajfa-716	310	2	e7	e7	PROPN
ajfa-716	310	3	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	310	4	123	123	NUM
ajfa-716	310	5	co	co	NOUN
ajfa-716	310	6	-	-	NOUN
ajfa-716	310	7	movement	movement	NOUN
ajfa-716	310	8	,	,	PUNCT
ajfa-716	310	9	review	review	NOUN
ajfa-716	310	10	of	of	ADP
ajfa-716	310	11	finance	finance	NOUN
ajfa-716	310	12	,	,	PUNCT
ajfa-716	310	13	13	13	NUM
ajfa-716	310	14	:	:	SYM
ajfa-716	310	15	401	401	NUM
ajfa-716	310	16	-	-	SYM
ajfa-716	310	17	465	465	NUM
ajfa-716	310	18	.	.	PUNCT
ajfa-716	311	1	http://dx.doi.org/10.1093/rof/rfn020	http://dx.doi.org/10.1093/rof/rfn020	PROPN
ajfa-716	311	2	alvan	alvan	PROPN
ajfa-716	311	3	,	,	PUNCT
ajfa-716	311	4	a.	a.	NOUN
ajfa-716	311	5	(	(	PUNCT
ajfa-716	311	6	2009	2009	NUM
ajfa-716	311	7	)	)	PUNCT
ajfa-716	311	8	.	.	PUNCT
ajfa-716	312	1	forging	forge	VERB
ajfa-716	312	2	a	a	DET
ajfa-716	312	3	link	link	NOUN
ajfa-716	312	4	between	between	ADP
ajfa-716	312	5	human	human	ADJ
ajfa-716	312	6	development	development	NOUN
ajfa-716	312	7	and	and	CCONJ
ajfa-716	312	8	income	income	NOUN
ajfa-716	312	9	inequality	inequality	NOUN
ajfa-716	312	10	:	:	PUNCT
ajfa-716	312	11	cross	cross	ADJ
ajfa-716	312	12	-	-	ADJ
ajfa-716	312	13	country	country	ADJ
ajfa-716	312	14	evidence	evidence	NOUN
ajfa-716	312	15	,	,	PUNCT
ajfa-716	312	16	review	review	NOUN
ajfa-716	312	17	of	of	ADP
ajfa-716	312	18	social	social	ADJ
ajfa-716	312	19	,	,	PUNCT
ajfa-716	312	20	economic	economic	ADJ
ajfa-716	312	21	&	&	CCONJ
ajfa-716	312	22	business	business	NOUN
ajfa-716	312	23	studies	study	NOUN
ajfa-716	312	24	,	,	PUNCT
ajfa-716	312	25	7/8	7/8	NUM
ajfa-716	312	26	,	,	PUNCT
ajfa-716	312	27	31	31	NUM
ajfa-716	312	28	-	-	SYM
ajfa-716	312	29	43	43	NUM
ajfa-716	312	30	central	central	ADJ
ajfa-716	312	31	bank	bank	NOUN
ajfa-716	312	32	of	of	ADP
ajfa-716	312	33	sri	sri	PROPN
ajfa-716	312	34	lanka	lanka	PROPN
ajfa-716	312	35	.	.	PUNCT
ajfa-716	313	1	(	(	PUNCT
ajfa-716	313	2	2008	2008	NUM
ajfa-716	313	3	)	)	PUNCT
ajfa-716	313	4	.	.	PUNCT
ajfa-716	314	1	annual	annual	ADJ
ajfa-716	314	2	report	report	NOUN
ajfa-716	314	3	2008	2008	NUM
ajfa-716	314	4	.	.	PUNCT
ajfa-716	315	1	fifield	fifield	PROPN
ajfa-716	315	2	,	,	PUNCT
ajfa-716	315	3	s.g.m	s.g.m	PROPN
ajfa-716	315	4	.	.	PROPN
ajfa-716	315	5	,	,	PUNCT
ajfa-716	315	6	power	power	NOUN
ajfa-716	315	7	,	,	PUNCT
ajfa-716	315	8	d.m	d.m	PROPN
ajfa-716	315	9	.	.	PROPN
ajfa-716	315	10	,	,	PUNCT
ajfa-716	315	11	and	and	CCONJ
ajfa-716	315	12	sinclaire	sinclaire	PROPN
ajfa-716	315	13	,	,	PUNCT
ajfa-716	315	14	c.d	c.d	PROPN
ajfa-716	315	15	.	.	PROPN
ajfa-716	315	16	(	(	PUNCT
ajfa-716	315	17	2002	2002	NUM
ajfa-716	315	18	)	)	PUNCT
ajfa-716	315	19	.	.	PUNCT
ajfa-716	316	1	macroeconomic	macroeconomic	ADJ
ajfa-716	316	2	factors	factor	NOUN
ajfa-716	316	3	and	and	CCONJ
ajfa-716	316	4	share	share	NOUN
ajfa-716	316	5	returns	return	NOUN
ajfa-716	316	6	:	:	PUNCT
ajfa-716	316	7	an	an	DET
ajfa-716	316	8	analysis	analysis	NOUN
ajfa-716	316	9	using	use	VERB
ajfa-716	316	10	emerging	emerge	VERB
ajfa-716	316	11	market	market	NOUN
ajfa-716	316	12	data	datum	NOUN
ajfa-716	316	13	,	,	PUNCT
ajfa-716	316	14	international	international	ADJ
ajfa-716	316	15	journal	journal	NOUN
ajfa-716	316	16	of	of	ADP
ajfa-716	316	17	finance	finance	NOUN
ajfa-716	316	18	and	and	CCONJ
ajfa-716	316	19	economics	economic	NOUN
ajfa-716	316	20	,	,	PUNCT
ajfa-716	316	21	7	7	NUM
ajfa-716	316	22	:	:	SYM
ajfa-716	316	23	51	51	NUM
ajfa-716	316	24	-	-	SYM
ajfa-716	316	25	62	62	NUM
ajfa-716	316	26	.	.	PUNCT
ajfa-716	317	1	http://dx.doi.org/10.1002/ijfe.173	http://dx.doi.org/10.1002/ijfe.173	PROPN
ajfa-716	317	2	gunasekarage	gunasekarage	PROPN
ajfa-716	317	3	,	,	PUNCT
ajfa-716	317	4	a.	a.	NOUN
ajfa-716	317	5	,	,	PUNCT
ajfa-716	317	6	pisedtasalasai	pisedtasalasai	ADJ
ajfa-716	317	7	,	,	PUNCT
ajfa-716	317	8	a.	a.	NOUN
ajfa-716	317	9	,	,	PUNCT
ajfa-716	317	10	and	and	CCONJ
ajfa-716	317	11	power	power	NOUN
ajfa-716	317	12	,	,	PUNCT
ajfa-716	317	13	d.m	d.m	PROPN
ajfa-716	317	14	.	.	PUNCT
ajfa-716	318	1	(	(	PUNCT
ajfa-716	318	2	2004	2004	NUM
ajfa-716	318	3	)	)	PUNCT
ajfa-716	318	4	.	.	PUNCT
ajfa-716	319	1	macroeconomic	macroeconomic	ADJ
ajfa-716	319	2	influence	influence	NOUN
ajfa-716	319	3	on	on	ADP
ajfa-716	319	4	the	the	DET
ajfa-716	319	5	stock	stock	NOUN
ajfa-716	319	6	market	market	NOUN
ajfa-716	319	7	:	:	PUNCT
ajfa-716	319	8	evidence	evidence	NOUN
ajfa-716	319	9	from	from	ADP
ajfa-716	319	10	an	an	DET
ajfa-716	319	11	emerging	emerge	VERB
ajfa-716	319	12	market	market	NOUN
ajfa-716	319	13	in	in	ADP
ajfa-716	319	14	south	south	PROPN
ajfa-716	319	15	asia	asia	PROPN
ajfa-716	319	16	,	,	PUNCT
ajfa-716	319	17	journal	journal	NOUN
ajfa-716	319	18	of	of	ADP
ajfa-716	319	19	emerging	emerge	VERB
ajfa-716	319	20	market	market	NOUN
ajfa-716	319	21	finance	finance	NOUN
ajfa-716	319	22	,	,	PUNCT
ajfa-716	319	23	3(3	3(3	NUM
ajfa-716	319	24	):	):	PUNCT
ajfa-716	319	25	285	285	NUM
ajfa-716	319	26	-	-	SYM
ajfa-716	319	27	304	304	NUM
ajfa-716	319	28	.	.	PUNCT
ajfa-716	320	1	http://dx.doi.org/10.1177/097265270400300304	http://dx.doi.org/10.1177/097265270400300304	PROPN
ajfa-716	320	2	gregory	gregory	PROPN
ajfa-716	320	3	,	,	PUNCT
ajfa-716	320	4	p.	p.	PROPN
ajfa-716	320	5	and	and	CCONJ
ajfa-716	320	6	stuart	stuart	PROPN
ajfa-716	320	7	,	,	PUNCT
ajfa-716	320	8	r.c	r.c	PROPN
ajfa-716	320	9	.	.	PROPN
ajfa-716	320	10	(	(	PUNCT
ajfa-716	320	11	2004	2004	NUM
ajfa-716	320	12	)	)	PUNCT
ajfa-716	320	13	.	.	PUNCT
ajfa-716	321	1	comparing	compare	VERB
ajfa-716	321	2	economic	economic	ADJ
ajfa-716	321	3	systems	system	NOUN
ajfa-716	321	4	in	in	ADP
ajfa-716	321	5	the	the	DET
ajfa-716	321	6	twenty	twenty	NUM
ajfa-716	321	7	-	-	PUNCT
ajfa-716	321	8	first	first	ADJ
ajfa-716	321	9	century	century	NOUN
ajfa-716	321	10	,	,	PUNCT
ajfa-716	321	11	south	south	ADJ
ajfa-716	321	12	western	western	PROPN
ajfa-716	321	13	cengage	cengage	PROPN
ajfa-716	321	14	learning	learning	PROPN
ajfa-716	321	15	.	.	PUNCT
ajfa-716	322	1	handa	handa	PROPN
ajfa-716	322	2	,	,	PUNCT
ajfa-716	322	3	j.	j.	PROPN
ajfa-716	322	4	and	and	CCONJ
ajfa-716	322	5	khan	khan	PROPN
ajfa-716	322	6	,	,	PUNCT
ajfa-716	322	7	s.	s.	PROPN
ajfa-716	322	8	r.	r.	PROPN
ajfa-716	322	9	(	(	PUNCT
ajfa-716	322	10	2008	2008	NUM
ajfa-716	322	11	)	)	PUNCT
ajfa-716	322	12	.	.	PUNCT
ajfa-716	323	1	financial	financial	ADJ
ajfa-716	323	2	development	development	NOUN
ajfa-716	323	3	and	and	CCONJ
ajfa-716	323	4	economic	economic	ADJ
ajfa-716	323	5	growth	growth	NOUN
ajfa-716	323	6	:	:	PUNCT
ajfa-716	323	7	a	a	DET
ajfa-716	323	8	symbiotic	symbiotic	ADJ
ajfa-716	323	9	relationship	relationship	NOUN
ajfa-716	323	10	,	,	PUNCT
ajfa-716	323	11	applied	apply	VERB
ajfa-716	323	12	financial	financial	ADJ
ajfa-716	323	13	economics	economic	NOUN
ajfa-716	323	14	,	,	PUNCT
ajfa-716	323	15	18	18	NUM
ajfa-716	323	16	,	,	PUNCT
ajfa-716	323	17	1033	1033	NUM
ajfa-716	323	18	-	-	SYM
ajfa-716	323	19	1049	1049	NUM
ajfa-716	323	20	.	.	PUNCT
ajfa-716	324	1	http://dx.doi.org/10.1080/09603100701477275	http://dx.doi.org/10.1080/09603100701477275	PROPN
ajfa-716	324	2	henry	henry	PROPN
ajfa-716	324	3	,	,	PUNCT
ajfa-716	324	4	ó	ó	PROPN
ajfa-716	324	5	.	.	PROPN
ajfa-716	324	6	t.	t.	PROPN
ajfa-716	324	7	,	,	PUNCT
ajfa-716	324	8	olekalns	olekalns	PROPN
ajfa-716	324	9	,	,	PUNCT
ajfa-716	324	10	n.	n.	NOUN
ajfa-716	324	11	and	and	CCONJ
ajfa-716	324	12	thong	thong	PROPN
ajfa-716	324	13	,	,	PUNCT
ajfa-716	324	14	j.	j.	PROPN
ajfa-716	324	15	(	(	PUNCT
ajfa-716	324	16	2004	2004	NUM
ajfa-716	324	17	)	)	PUNCT
ajfa-716	324	18	.	.	PUNCT
ajfa-716	325	1	do	do	AUX
ajfa-716	325	2	stock	stock	NOUN
ajfa-716	325	3	market	market	NOUN
ajfa-716	325	4	returns	return	NOUN
ajfa-716	325	5	predict	predict	VERB
ajfa-716	325	6	changes	change	NOUN
ajfa-716	325	7	to	to	PART
ajfa-716	325	8	output	output	VERB
ajfa-716	325	9	?	?	PUNCT
ajfa-716	326	1	evidence	evidence	NOUN
ajfa-716	326	2	from	from	ADP
ajfa-716	326	3	a	a	DET
ajfa-716	326	4	nonlinear	nonlinear	ADJ
ajfa-716	326	5	panel	panel	NOUN
ajfa-716	326	6	data	datum	NOUN
ajfa-716	326	7	model	model	NOUN
ajfa-716	326	8	,	,	PUNCT
ajfa-716	326	9	empirical	empirical	ADJ
ajfa-716	326	10	economics	economic	NOUN
ajfa-716	326	11	,	,	PUNCT
ajfa-716	326	12	29	29	NUM
ajfa-716	326	13	:	:	PUNCT
ajfa-716	326	14	527	527	NUM
ajfa-716	326	15	-	-	SYM
ajfa-716	326	16	540	540	NUM
ajfa-716	326	17	.	.	PUNCT
ajfa-716	327	1	http://dx.doi.org/10.1007/s00181-003-0182-4	http://dx.doi.org/10.1007/s00181-003-0182-4	PUNCT
ajfa-716	328	1	johnson	johnson	PROPN
ajfa-716	328	2	,	,	PUNCT
ajfa-716	328	3	r.	r.	PROPN
ajfa-716	328	4	and	and	CCONJ
ajfa-716	328	5	soenen	soenen	PROPN
ajfa-716	328	6	,	,	PUNCT
ajfa-716	328	7	l.	l.	PROPN
ajfa-716	328	8	(	(	PUNCT
ajfa-716	328	9	2002	2002	NUM
ajfa-716	328	10	)	)	PUNCT
ajfa-716	328	11	.	.	PUNCT
ajfa-716	329	1	asian	asian	ADJ
ajfa-716	329	2	economic	economic	ADJ
ajfa-716	329	3	integration	integration	NOUN
ajfa-716	329	4	and	and	CCONJ
ajfa-716	329	5	stock	stock	NOUN
ajfa-716	329	6	market	market	NOUN
ajfa-716	329	7	comovement	comovement	NOUN
ajfa-716	329	8	,	,	PUNCT
ajfa-716	329	9	the	the	DET
ajfa-716	329	10	journal	journal	NOUN
ajfa-716	329	11	of	of	ADP
ajfa-716	329	12	financial	financial	ADJ
ajfa-716	329	13	research	research	NOUN
ajfa-716	329	14	,	,	PUNCT
ajfa-716	329	15	25(1	25(1	NUM
ajfa-716	329	16	):	):	PUNCT
ajfa-716	329	17	141	141	NUM
ajfa-716	329	18	-	-	SYM
ajfa-716	329	19	157	157	NUM
ajfa-716	329	20	.	.	PUNCT
ajfa-716	330	1	http://dx.doi.org/10.1111/1475-6803.00009	http://dx.doi.org/10.1111/1475-6803.00009	PROPN
ajfa-716	330	2	international	international	ADJ
ajfa-716	330	3	monetary	monetary	ADJ
ajfa-716	330	4	fund	fund	NOUN
ajfa-716	330	5	.	.	PUNCT
ajfa-716	331	1	(	(	PUNCT
ajfa-716	331	2	2010	2010	NUM
ajfa-716	331	3	and	and	CCONJ
ajfa-716	331	4	various	various	ADJ
ajfa-716	331	5	issues).world	issues).world	ADJ
ajfa-716	331	6	economic	economic	ADJ
ajfa-716	331	7	outlook	outlook	NOUN
ajfa-716	331	8	.	.	PUNCT
ajfa-716	332	1	kyereboah	kyereboah	PROPN
ajfa-716	332	2	-	-	PUNCT
ajfa-716	332	3	coleman	coleman	PROPN
ajfa-716	332	4	,	,	PUNCT
ajfa-716	332	5	a.	a.	NOUN
ajfa-716	332	6	and	and	CCONJ
ajfa-716	332	7	agyire	agyire	NOUN
ajfa-716	332	8	-	-	PUNCT
ajfa-716	332	9	tettey	tettey	NOUN
ajfa-716	332	10	,	,	PUNCT
ajfa-716	332	11	k.	k.	PROPN
ajfa-716	332	12	f.	f.	PROPN
ajfa-716	332	13	,	,	PUNCT
ajfa-716	332	14	(	(	PUNCT
ajfa-716	332	15	2008	2008	NUM
ajfa-716	332	16	)	)	PUNCT
ajfa-716	332	17	.	.	PUNCT
ajfa-716	333	1	impact	impact	NOUN
ajfa-716	333	2	of	of	ADP
ajfa-716	333	3	macroeconomic	macroeconomic	ADJ
ajfa-716	333	4	indicators	indicator	NOUN
ajfa-716	333	5	on	on	ADP
ajfa-716	333	6	stock	stock	NOUN
ajfa-716	333	7	market	market	NOUN
ajfa-716	333	8	performance	performance	NOUN
ajfa-716	333	9	:	:	PUNCT
ajfa-716	333	10	the	the	DET
ajfa-716	333	11	case	case	NOUN
ajfa-716	333	12	of	of	ADP
ajfa-716	333	13	the	the	DET
ajfa-716	333	14	ghana	ghana	PROPN
ajfa-716	333	15	stock	stock	PROPN
ajfa-716	333	16	exchange	exchange	PROPN
ajfa-716	333	17	,	,	PUNCT
ajfa-716	333	18	the	the	DET
ajfa-716	333	19	journal	journal	NOUN
ajfa-716	333	20	of	of	ADP
ajfa-716	333	21	risk	risk	NOUN
ajfa-716	333	22	finance	finance	NOUN
ajfa-716	333	23	,	,	PUNCT
ajfa-716	333	24	9(4	9(4	NUM
ajfa-716	333	25	):	):	PUNCT
ajfa-716	333	26	365	365	NUM
ajfa-716	333	27	-	-	SYM
ajfa-716	333	28	378	378	NUM
ajfa-716	333	29	.	.	PUNCT
ajfa-716	334	1	http://dx.doi.org/10.1108/15265940810895025	http://dx.doi.org/10.1108/15265940810895025	PROPN
ajfa-716	334	2	lee	lee	PROPN
ajfa-716	334	3	,	,	PUNCT
ajfa-716	334	4	c.	c.	PROPN
ajfa-716	334	5	l.	l.	PROPN
ajfa-716	334	6	,	,	PUNCT
ajfa-716	334	7	boon	boon	NOUN
ajfa-716	334	8	,	,	PUNCT
ajfa-716	334	9	t.	t.	PROPN
ajfa-716	334	10	h.	h.	PROPN
ajfa-716	334	11	,	,	PUNCT
ajfa-716	334	12	and	and	CCONJ
ajfa-716	334	13	baharumshah	baharumshah	NOUN
ajfa-716	334	14	,	,	PUNCT
ajfa-716	334	15	a.	a.	PROPN
ajfa-716	334	16	z.	z.	PROPN
ajfa-716	334	17	,	,	PUNCT
ajfa-716	334	18	(	(	PUNCT
ajfa-716	334	19	2001	2001	NUM
ajfa-716	334	20	)	)	PUNCT
ajfa-716	334	21	,	,	PUNCT
ajfa-716	334	22	the	the	DET
ajfa-716	334	23	stock	stock	NOUN
ajfa-716	334	24	market	market	NOUN
ajfa-716	334	25	,	,	PUNCT
ajfa-716	334	26	macroeconomic	macroeconomic	ADJ
ajfa-716	334	27	fundamentals	fundamental	NOUN
ajfa-716	334	28	,	,	PUNCT
ajfa-716	334	29	and	and	CCONJ
ajfa-716	334	30	economic	economic	ADJ
ajfa-716	334	31	growth	growth	NOUN
ajfa-716	334	32	in	in	ADP
ajfa-716	334	33	malaysia	malaysia	PROPN
ajfa-716	334	34	,	,	PUNCT
ajfa-716	334	35	asia	asia	PROPN
ajfa-716	334	36	pacific	pacific	PROPN
ajfa-716	334	37	journal	journal	PROPN
ajfa-716	334	38	of	of	ADP
ajfa-716	334	39	economics	economics	PROPN
ajfa-716	334	40	&	&	CCONJ
ajfa-716	334	41	business	business	NOUN
ajfa-716	334	42	,	,	PUNCT
ajfa-716	334	43	5	5	NUM
ajfa-716	334	44	(	(	PUNCT
ajfa-716	334	45	2	2	NUM
ajfa-716	334	46	)	)	PUNCT
ajfa-716	334	47	,	,	PUNCT
ajfa-716	334	48	44	44	NUM
ajfa-716	334	49	-	-	SYM
ajfa-716	334	50	55	55	NUM
ajfa-716	334	51	patro	patro	NOUN
ajfa-716	334	52	,	,	PUNCT
ajfa-716	334	53	d.k	d.k	PROPN
ajfa-716	334	54	.	.	PROPN
ajfa-716	334	55	,	,	PUNCT
ajfa-716	334	56	wald	wald	PROPN
ajfa-716	334	57	,	,	PUNCT
ajfa-716	334	58	j.k	j.k	PROPN
ajfa-716	334	59	.	.	PROPN
ajfa-716	334	60	,	,	PUNCT
ajfa-716	334	61	wu	wu	PROPN
ajfa-716	334	62	,	,	PUNCT
ajfa-716	334	63	y.	y.	PROPN
ajfa-716	334	64	(	(	PUNCT
ajfa-716	334	65	2002	2002	NUM
ajfa-716	334	66	)	)	PUNCT
ajfa-716	334	67	.	.	PUNCT
ajfa-716	335	1	the	the	DET
ajfa-716	335	2	impact	impact	NOUN
ajfa-716	335	3	of	of	ADP
ajfa-716	335	4	macroeconomic	macroeconomic	ADJ
ajfa-716	335	5	and	and	CCONJ
ajfa-716	335	6	financial	financial	ADJ
ajfa-716	335	7	variables	variable	NOUN
ajfa-716	335	8	on	on	ADP
ajfa-716	335	9	market	market	NOUN
ajfa-716	335	10	risk	risk	NOUN
ajfa-716	335	11	:	:	PUNCT
ajfa-716	335	12	evidence	evidence	NOUN
ajfa-716	335	13	from	from	ADP
ajfa-716	335	14	international	international	ADJ
ajfa-716	335	15	equity	equity	NOUN
ajfa-716	335	16	returns	return	NOUN
ajfa-716	335	17	,	,	PUNCT
ajfa-716	335	18	european	european	ADJ
ajfa-716	335	19	financial	financial	ADJ
ajfa-716	335	20	management	management	NOUN
ajfa-716	335	21	,	,	PUNCT
ajfa-716	335	22	8(4	8(4	NUM
ajfa-716	335	23	):	):	PUNCT
ajfa-716	335	24	421	421	NUM
ajfa-716	335	25	-	-	SYM
ajfa-716	335	26	447	447	NUM
ajfa-716	335	27	.	.	PUNCT
ajfa-716	336	1	http://dx.doi.org/10.1111/1468-036x.00198	http://dx.doi.org/10.1111/1468-036x.00198	ADJ
ajfa-716	336	2	pilinkus	pilinkus	NOUN
ajfa-716	336	3	,	,	PUNCT
ajfa-716	336	4	d.	d.	PROPN
ajfa-716	336	5	(	(	PUNCT
ajfa-716	336	6	2009	2009	NUM
ajfa-716	336	7	)	)	PUNCT
ajfa-716	336	8	.	.	PUNCT
ajfa-716	337	1	stock	stock	NOUN
ajfa-716	337	2	market	market	NOUN
ajfa-716	337	3	and	and	CCONJ
ajfa-716	337	4	macroeconomic	macroeconomic	ADJ
ajfa-716	337	5	variables	variable	NOUN
ajfa-716	337	6	:	:	PUNCT
ajfa-716	337	7	evidence	evidence	NOUN
ajfa-716	337	8	from	from	ADP
ajfa-716	337	9	lithuania	lithuania	PROPN
ajfa-716	337	10	,	,	PUNCT
ajfa-716	337	11	economics	economic	NOUN
ajfa-716	337	12	and	and	CCONJ
ajfa-716	337	13	management	management	NOUN
ajfa-716	337	14	,	,	PUNCT
ajfa-716	337	15	14	14	NUM
ajfa-716	337	16	:	:	SYM
ajfa-716	337	17	884	884	NUM
ajfa-716	337	18	-	-	SYM
ajfa-716	337	19	891	891	NUM
ajfa-716	337	20	.	.	PUNCT
ajfa-716	338	1	rosser	rosser	PROPN
ajfa-716	338	2	j.b	j.b	PROPN
ajfa-716	338	3	.	.	PUNCT
ajfa-716	338	4	and	and	CCONJ
ajfa-716	338	5	rosser	rosser	PROPN
ajfa-716	338	6	m.v	m.v	PROPN
ajfa-716	338	7	.	.	PUNCT
ajfa-716	338	8	(	(	PUNCT
ajfa-716	338	9	2004	2004	NUM
ajfa-716	338	10	)	)	PUNCT
ajfa-716	338	11	.	.	PUNCT
ajfa-716	339	1	comparative	comparative	ADJ
ajfa-716	339	2	economics	economic	NOUN
ajfa-716	339	3	in	in	ADP
ajfa-716	339	4	a	a	DET
ajfa-716	339	5	transforming	transform	VERB
ajfa-716	339	6	world	world	NOUN
ajfa-716	339	7	economy	economy	NOUN
ajfa-716	339	8	,	,	PUNCT
ajfa-716	339	9	the	the	DET
ajfa-716	339	10	mit	mit	PROPN
ajfa-716	339	11	press	press	PROPN
ajfa-716	339	12	,	,	PUNCT
ajfa-716	339	13	cambridge	cambridge	PROPN
ajfa-716	339	14	,	,	PUNCT
ajfa-716	339	15	massachusettes	massachusettes	PROPN
ajfa-716	339	16	.	.	PUNCT
ajfa-716	340	1	united	united	PROPN
ajfa-716	340	2	nations	nations	PROPN
ajfa-716	340	3	development	development	PROPN
ajfa-716	340	4	program	program	PROPN
ajfa-716	340	5	.	.	PUNCT
ajfa-716	341	1	(	(	PUNCT
ajfa-716	341	2	2011	2011	NUM
ajfa-716	341	3	)	)	PUNCT
ajfa-716	341	4	.	.	PUNCT
ajfa-716	342	1	international	international	ADJ
ajfa-716	342	2	human	human	ADJ
ajfa-716	342	3	development	development	NOUN
ajfa-716	342	4	indicators	indicator	NOUN
ajfa-716	342	5	,	,	PUNCT
ajfa-716	342	6	asian	asian	ADJ
ajfa-716	342	7	journal	journal	NOUN
ajfa-716	342	8	of	of	ADP
ajfa-716	342	9	finance	finance	PROPN
ajfa-716	342	10	&	&	CCONJ
ajfa-716	342	11	accounting	accounting	PROPN
ajfa-716	342	12	issn	issn	PROPN
ajfa-716	342	13	1946	1946	NUM
ajfa-716	342	14	-	-	PUNCT
ajfa-716	342	15	052x	052x	NOUN
ajfa-716	342	16	2011	2011	NUM
ajfa-716	342	17	,	,	PUNCT
ajfa-716	342	18	vol	vol	NOUN
ajfa-716	342	19	.	.	PROPN
ajfa-716	343	1	3	3	NUM
ajfa-716	343	2	,	,	PUNCT
ajfa-716	343	3	no	no	INTJ
ajfa-716	343	4	.	.	NOUN
ajfa-716	343	5	1	1	NUM
ajfa-716	343	6	:	:	PUNCT
ajfa-716	343	7	e7	e7	PROPN
ajfa-716	343	8	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-716	343	9	124	124	NUM
ajfa-716	343	10	http://hdr.undp.org	http://hdr.undp.org	PROPN
ajfa-716	343	11	,	,	PUNCT
ajfa-716	343	12	accessed	access	VERB
ajfa-716	343	13	:	:	PUNCT
ajfa-716	343	14	7/20/2011	7/20/2011	NUM
ajfa-716	343	15	wickremasinghe	wickremasinghe	NOUN
ajfa-716	343	16	,	,	PUNCT
ajfa-716	343	17	g.	g.	PROPN
ajfa-716	343	18	(	(	PUNCT
ajfa-716	343	19	2011	2011	NUM
ajfa-716	343	20	)	)	PUNCT
ajfa-716	343	21	.	.	PUNCT
ajfa-716	344	1	the	the	DET
ajfa-716	344	2	sri	sri	PROPN
ajfa-716	344	3	lankan	lankan	PROPN
ajfa-716	344	4	stock	stock	NOUN
ajfa-716	344	5	market	market	NOUN
ajfa-716	344	6	and	and	CCONJ
ajfa-716	344	7	the	the	DET
ajfa-716	344	8	macroeconomy	macroeconomy	NOUN
ajfa-716	344	9	:	:	PUNCT
ajfa-716	344	10	an	an	DET
ajfa-716	344	11	empirical	empirical	ADJ
ajfa-716	344	12	investigation	investigation	NOUN
ajfa-716	344	13	,	,	PUNCT
ajfa-716	344	14	studies	study	NOUN
ajfa-716	344	15	in	in	ADP
ajfa-716	344	16	economics	economic	NOUN
ajfa-716	344	17	and	and	CCONJ
ajfa-716	344	18	finance	finance	NOUN
ajfa-716	344	19	,	,	PUNCT
ajfa-716	344	20	28(3	28(3	NUM
ajfa-716	344	21	):	):	PUNCT
ajfa-716	344	22	179	179	NUM
ajfa-716	344	23	-	-	SYM
ajfa-716	344	24	195	195	NUM
ajfa-716	344	25	.	.	PUNCT
ajfa-716	344	26	http://dx.doi.org/10.1108/10867371111141954	http://dx.doi.org/10.1108/10867371111141954	NOUN